• AI
  • Molecular Imaging
  • CT
  • X-Ray
  • Ultrasound
  • MRI
  • Facility Management
  • Mammography

Infinitt forms joint venture with Toshiba


Other headlines:Sectra grows despite economic downturn

Infinitt forms joint venture with Toshiba

A joint venture between Toshiba and Infinitt North America will target the Korean marketplace with Toshiba medical equipment. TI Medical Systems (Toshiba-Infinitt Medical Systems) was announced May 19, about 10 weeks after the two companies formally agreed to the deal. Their agreement assigns TI Medical Systems exclusive distribution rights for Toshiba medical equipment throughout South Korea. Charles Ju, the former CEO of BarcoView Korea, will run the new company as CEO. TI Medical Systems will handle service as well as sales.

Sectra grows despite economic downturn

IT and medical technology company Sectra has reported a net sales increase for fiscal 2008 of 16.2% to 863.3 million Swedish krona (SKr) ($112.9 million) compared with the preceding fiscal year. The group's order bookings rose 13.1% to SKr 1149.7 million ($150.4 million). Profits dropped, however, to SKr 71.4 million ($9.3 million) from SKr 79.8 million ($10.4 million) in the preceding year.

Last year's gains were propelled by fourth-quarter performance, during which Sectra's net sales rose 17.5% to SKr 263.7 million ($34.5 million). Profit was SKr 7.4 million ($1 million), down substantially from SKr 42.3 million ($5.5 million) a year earlier. Order bookings in the quarter increased 31.2% to SKr 207.7 million ($27.2 million). Markets outside Sweden accounted for 70.2% of the group's sales during the year, up from 66.8% in the previous fiscal year. The mammography products division experienced the largest growth from fiscal 2008 to 2009 of any medical part of the group, increasing 50%, according to the company.

Related Videos
Where the USPSTF Breast Cancer Screening Recommendations Fall Short: An Interview with Stacy Smith-Foley, MD
A Closer Look at MRI-Guided Transurethral Ultrasound Ablation for Intermediate Risk Prostate Cancer
Improving the Quality of Breast MRI Acquisition and Processing
Can Fiber Optic RealShape (FORS) Technology Provide a Viable Alternative to X-Rays for Aortic Procedures?
Does Initial CCTA Provide the Best Assessment of Stable Chest Pain?
Making the Case for Intravascular Ultrasound Use in Peripheral Vascular Interventions
Can Diffusion Microstructural Imaging Provide Insights into Long Covid Beyond Conventional MRI?
Assessing the Impact of Radiology Workforce Shortages in Rural Communities
Emerging MRI and PET Research Reveals Link Between Visceral Abdominal Fat and Early Signs of Alzheimer’s Disease
Reimbursement Challenges in Radiology: An Interview with Richard Heller, MD
Related Content
© 2024 MJH Life Sciences

All rights reserved.