Some of Advanced NMR's shareholders are not pleased with the company'splan to acquire the remaining shares outstanding of subsidiaryAdvanced Mammography Systems (SCAN 2/14/96). The Wilmington, MA,company announced last week that a class action lawsuit
Some of Advanced NMR's shareholders are not pleased with the company'splan to acquire the remaining shares outstanding of subsidiaryAdvanced Mammography Systems (SCAN 2/14/96). The Wilmington, MA,company announced last week that a class action lawsuit has beenfiled against it by shareholders who claim that the terms of thetransaction are unfair.
Advanced NMR now owns 61% of Advanced Mammography Systems andintends to acquire 100% of the MR mammography developer underthe buyout plan. The company said that it is preparing proxy materialsfor the merger, which will be proposed to AMS shareholders ata meeting to be held in late spring. It said that it believesthe terms of the acquisition are fair.
ANMR this month also released financial results for the firstquarter of 1996 (end-December) that show the positive contributionbeing made by Medical Diagnostics, which ANMR acquired last August(SCAN 5/10/95).
ANMR had revenues for the quarter of $6.2 million, of whichAdvanced NMR system sales contributed only $49,000 while the restcame from MDI's imaging services business. ANMR had a net lossof $1.6 million, compared with a net loss of $2.2 million in thesame quarter last year. The MDI business was profitable. ANMRexpects system sales to increase, as the company has a $4.8 millionbacklog, according to chairman and CEO Jack Nelson.
Stay at the forefront of radiology with the Diagnostic Imaging newsletter, delivering the latest news, clinical insights, and imaging advancements for today’s radiologists.
The Reading Room Podcast: A Closer Look at Remote MRI Safety, Part 2
July 25th 2025In the second of a multi-part podcast episode, Emanuel Kanal, M.D. and Tobias Gilk, MRSO, MRSE, share their perspectives on remote MRI safety protocols for ensuring screening accuracy and adherence to conditional implant guidelines as well as a rapid and effective response to adverse events.
The Reading Room Podcast: Current and Emerging Insights on Abbreviated Breast MRI, Part 2
July 23rd 2025In the second part of a multi-part podcast episode, Stamatia Destounis, MD, Emily Conant, MD and Habib Rahbar, MD, discuss key sequences for abbreviated breast MRI and how it stacks up to other breast cancer screening modalities.
Chest CT for Post-COVID-19 Abnormalities: Nine Takeaways from a Multi-Society Consensus Statement
July 22nd 2025Developed by 21 thoracic radiologists, the new international consensus statement addresses appropriate indications, scan acquisition and keys to reporting for the use of chest CT imaging in evaluating for residual lung abnormalities from COVID-19.
The Reading Room Podcast: A Closer Look at Remote MRI Safety, Part 2
July 25th 2025In the second of a multi-part podcast episode, Emanuel Kanal, M.D. and Tobias Gilk, MRSO, MRSE, share their perspectives on remote MRI safety protocols for ensuring screening accuracy and adherence to conditional implant guidelines as well as a rapid and effective response to adverse events.
The Reading Room Podcast: Current and Emerging Insights on Abbreviated Breast MRI, Part 2
July 23rd 2025In the second part of a multi-part podcast episode, Stamatia Destounis, MD, Emily Conant, MD and Habib Rahbar, MD, discuss key sequences for abbreviated breast MRI and how it stacks up to other breast cancer screening modalities.
Chest CT for Post-COVID-19 Abnormalities: Nine Takeaways from a Multi-Society Consensus Statement
July 22nd 2025Developed by 21 thoracic radiologists, the new international consensus statement addresses appropriate indications, scan acquisition and keys to reporting for the use of chest CT imaging in evaluating for residual lung abnormalities from COVID-19.
2 Commerce Drive
Cranbury, NJ 08512