An 8% increase in quarterly revenues wasn’t enough to restore ADAC Laboratories to profitability. The nuclear medicine and healthcare information systems vendor reported revenues of $75.6 million for the quarter (end-July 4), compared with revenues
Los Alamos, Sandia funding remains uncertainThe U.S. Department of Energy clarified its plans for providing medical isotopes to the U.S. nuclear medicine community at June’s Society of Nuclear Medicine meeting in Los Angeles. At the meeting,
Prospects strongest in PET, therapy planning, and HISNuclear medicine vendor ADAC Laboratories is enduring a tough period of business right now, particularly in its relationship with investors and the financial markets. The company no longer
Hybrid systems, expanded reimbursement take center stage at SNM meetingFor vendors at this year’s Society of Nuclear Medicine show in Los Angeles, the industry’s hard times of the mid-1990s were only a memory. While the meeting suffered
Gamma Medica displays breast camera at SNM show Scintimammography has been slow to catch on, despite the promise of using nuclear medicine’s functional imaging ability to view the metabolism of cancerous lesions in the breast. A
Firm’s functional anatomic mapping system is highlight GE Medical Systems pulled off the corporate equivalent of a slam dunk at this month’s Society of Nuclear Medicine meeting in Los Angeles. The Milwaukee company packed crowds
Technology may find a new home at other companies, however Japanese multimodality vendor Hitachi Medical has decided to put an end to the sale and marketing of its own gamma cameras, the company disclosed at this month’s Society of
FirstNuclear includes both equipment and service Imaging services provider American Diagnostic Medicine (ADM) launched a joint venture with ADAC Laboratories this month designed to make it easier for hospitals to begin offering nuclear
New version slated for low-cost single-head marketWith more than 600 of its variable-angle E.Cam gamma cameras installed worldwide, the nuclear medicine group of Siemens Medical Systems continues the robust recovery that began with the debut of
Company emphasizes crystal, long-access optionsNuclear medicine vendor SMV America plans to roll into the Society of Nuclear Medicine show next month in Los Angeles with a broad range of coincidence detection options and upgrades for its gamma
Toshiba America Medical Systems plans to emphasize productivity gains, as well as its coincidence-ready E.Cams with 5/8-inch crystals, at next month's Society of Nuclear Medicine show in Los Angeles. The Tustin, CA, company received clearance for
Food and Drug Administration clearance is imminent for several advanced gamma camera options developed by Hitachi Medical Systems America. The Twinsburg, OH, vendor has already received 510(k) clearance for a 5/8-inch crystal option, and is
GE Medical Systems will introduce a new cyclotron at next month’s Society of Nuclear Medicine meeting in Los Angeles that is targeted to produce radiopharmaceuticals for individual PET sites. The new cyclotron is called MINItrace and is a smaller
Nuclear medicine developer ADAC Laboratories of Milpitas, CA, will introduce a new version of its dedicated cardiac gamma camera at next month’s Society of Nuclear Medicine meeting in Los Angeles. ADAC has taken the basic design of its Cardio
Nuclear medicine vendor ADAC Laboratories continues to be plagued by accounting snafus. The Milpitas, CA, company announced May 19 that it will delay the release of its financial results for the second quarter (end-April) as it evaluates whether
Company will sell and support existing nuclear medicine systemsHitachi Medical’s nascent drive to become a nuclear medicine powerhouse appears to have come to an end. The Tokyo company has decided to discontinue development and manufacturing
Nuclear medicine developer ADAC Laboratories issued a warning to the financial markets on April 21, stating that the Milpitas, CA, company expects to post lower than anticipated profits and revenues for the second quarter (end-April). ADAC believes that
Nuclear medicine vendor ADAC Laboratories of Milpitas, CA, this month issued restated financial results for the years 1996 through 1999 (see chart). At the same time, the company released financial results for the first quarter of 1999 (end-January) that
Sen. Stevens may step in again if reimbursement does not materializeIt may take some effort for the nuclear medicine community to increase the number of PET applications eligible for Medicare reimbursement. At a town hall meeting in Baltimore last
Firm intends unit for scintimammographyIn a nuclear medicine market dominated by large players, new gamma camera manufacturers are relatively rare. But one more firm is about to appear on the market. Dilon Technologies of Newport News, VA, filed a
DOE chooses commercial reactor rather than APTThe biomedical and radiopharmaceutical communities received disappointing news in December when U.S. Secretary of Energy Bill Richardson awarded a key tritium production contract to federal utility
Merge Technologies of Milwaukee last month signed an agreement with ADAC Laboratories of Milpitas, CA, in which ADAC will expand its distribution of Merge products. The agreement includes Merge’s DICOM products for ADAC businesses such as nuclear
Company moves forward despite shareholder suitsADAC Laboratories highlighted new ventures in radiation therapy planning, nuclear medicine, and image and information management as promising areas for growth at a presentation at this month’s
Siemens Medical Systems' nuclear medicine group of Hoffman Estates, IL, rolled into the Radiological Society of North America meeting last month with a new offering in its E.Cam line. The company introduced E.Cam Cardiac Imaging System for dedicated
Nuclear medicine newcomer Dilon Technologies of Newport News, VA, announced last month that it had submitted a 510(k) application to the Food and Drug Administration for Dilon 2000, a gamma camera that will be Dilon's first commercial product. The camera
