Analogic invests in Photonics

July 23, 2003

Technology supplier Analogic has obtained exclusive license to a low-cost PET system developed by Boston University spin-off PhotoDetection Systems. The door to this license opened when Analogic took a minority equity stake in the fledgling company.

Technology supplier Analogic has obtained exclusive license to a low-cost PET system developed by Boston University spin-off PhotoDetection Systems. The door to this license opened when Analogic took a minority equity stake in the fledgling company. PhotoDetection Systems specializes in the development of high-performance PET technology. Access to this technology may provide the foundation upon which Analogic can construct a competitive hybrid PET/CT system using Analogic's own CT technology, according to PhotoDetection.