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ANMR and MDI proceed with merger plans
Advanced NMR of Wilmington, MA, and Medical Diagnostics of Burlington,MA, are ready to send their merger proposal to a shareholder voteafter the Securities and Exchange Commission declared effectivea registration statement containing the proposal. The
Advanced NMR of Wilmington, MA, and Medical Diagnostics of Burlington,MA, are ready to send their merger proposal to a shareholder voteafter the Securities and Exchange Commission declared effectivea registration statement containing the proposal. The companiesannounced the merger in May after a protracted battle betweenMDI and erstwhile suitor Raytel (SCAN 5/10/95). The shareholdervotes are scheduled for Aug. 31.
Advanced NMR also reported financial results last week thatshow revenues of $4.3 million for the second quarter (end-June),up 195% compared to $1.5 million in sales in the same period lastyear. Net income for the quarter was $393,000 compared to a netloss of $593,000 in the second quarter of 1995.
The company said the improving results were due to growingsales of its InstaScan echo-planar imaging package, as well asthe shipment of two 3-tesla MRI scanners.
Study Reveals Benefits of Photon-Counting CT for Assessing Acute Pulmonary Embolism
April 23rd 2024In comparison to energy-integrating detector CT for the workup of suspected acute pulmonary embolism, the use of photon-counting detector CT reduced radiation dosing by 48 percent, according to newly published research.
