Imation purchase boosts Kodak’s sales
Eastman Kodak reported increases in fourth quarter and year-end (end-December) revenue for its Health Imaging group. For the quarter, sales were $571 million, up 29% compared with 1998’s $442 million, which Kodak attributed to its 1998 acquisition
Eastman Kodak reported increases in fourth quarter and year-end (end-December) revenue for its Health Imaging group. For the quarter, sales were $571 million, up 29% compared with 1998s $442 million, which Kodak attributed to its 1998 acquisition of Imations medical imaging business in a deal worth $520 million (SCAN 8/19/98). For the year, revenues climbed 39% to $2.1 billion from the previous years $1.5 billion.
The Rochester, NY-companys Health Imaging Group also saw dramatic increases in earnings from operations, which rose 232% for the quarter from $38 million in 1998 to $126 million. For the year, the group posted operating earnings of $470 million, up 46% from 1998s $321 million.
FDA Clears Virtually Helium-Free 1.5T MRI System from Siemens Healthineers
June 26th 2025Offering a cost- and resource-saving DryCool magnet technology, the Magnetom Flow.Ace MRI system reportedly requires 0.7 liters of liquid helium for cooling over the lifetime of the device in contrast to over 1,000 liters commonly utilized with conventional MRI platforms.
