ANMR to merge with mammography unit
MRI developer Advanced NMR plans to merge with its Advanced MammographySystems subsidiary, of which it presently owns 61%. On completionof the deal, AMS will operate as a wholly owned subsidiary ofAdvanced NMR, of Wilmington, MA. In other Advanced NMR
MRI developer Advanced NMR plans to merge with its Advanced MammographySystems subsidiary, of which it presently owns 61%. On completionof the deal, AMS will operate as a wholly owned subsidiary ofAdvanced NMR, of Wilmington, MA.
In other Advanced NMR news, the company said that it has extendedits contract with GE Medical Systems in which ANMR is the exclusivesystems integrator for GE 3- and 4-tesla research MRI scanners.Each sale of a very-high-field scanner will result in a minimumpayment of $1.5 million to ANMR. The deal extends through 1999.