- AI
- Molecular Imaging
- CT
- X-Ray
- Ultrasound
- MRI
- Facility Management
- Mammography
Cytogen shuts down Cellcor division
After months of unsuccessful searching for a buyout candidate for its Cellcor subsidiary, Cytogen closed the division on Sept. 18. Cytogen bought Cellcor in 1995 in hopes of bringing to market that company’s autolymphocyte therapy (ALT) cancer
After months of unsuccessful searching for a buyout candidate for its Cellcor subsidiary, Cytogen closed the division on Sept. 18. Cytogen bought Cellcor in 1995 in hopes of bringing to market that companys autolymphocyte therapy (ALT) cancer therapy technology in development. That effort apparently didnt go as planned, however, and Cytogen early this spring put Cellcor on the block. Cytogen reported in July that unless the company was able to find a buyer by September, Cellcors operations would cease.
Shutting Cellcor down is part of the Princeton, NJ, companys attempt to reduce operating expenses and focus its corporate efforts on marketing radiopharmaceutical agents OncoScint, ProstaScint, and Quadramet. Cytogen tightened its belt further last month when it sold its interest in its subsidiary Targon back to the original owner, pharmaceutical firm Elan of Dublin, Ireland, after only two years of ownership. In addition to closing Cellcor and divesting its Targon interest, Cytogen expects to cut its workforce by 30%, according to Joseph Reiser, president and CEO. Cytogen anticipates a special charge in the third quarter of 1998 for severance and other closure-related expenses.
European Society of Breast Imaging Issues Updated Breast Cancer Screening Recommendations
April 24th 2024One of the recommendations from the European Society of Breast Imaging (EUSOBI) is annual breast MRI exams starting at 25 years of age for women deemed to be at high risk for breast cancer.
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.
