The waiting is over for Intermagnetics. The time set aside under the Hart-Scott Rodino Antitrust Improvements Act of 1976 has expired without any requests for additional information regarding the company's proposed acquisition of Invivo, a manufacturer
The waiting is over for Intermagnetics. The time set aside under the Hart-Scott Rodino Antitrust Improvements Act of 1976 has expired without any requests for additional information regarding the company's proposed acquisition of Invivo, a manufacturer of patient monitoring devices, including ones compatible with MR. The two companies are now able to proceed with the acquisition.
Invivo signed a definitive purchase agreement in mid-December for an all-cash transaction under which Intermagnetics will acquire all of Invivo's outstanding stock for $22 per share.
Intermagnetics' proposed expansion is coming in the context of improving financial results. The company announced last month that second-quarter net income rose about 21% to $4.4 million. Second-quarter net sales increased to $39.9 million from $36.7 million on increased sales and profits in its instrumentation sector, as well as a return to normalized sales and continued gains from its MRI product lines.
MRI-Based AI Radiomics Model Offers 'Robust' Prediction of Perineural Invasion in Prostate Cancer
July 26th 2024A model that combines MRI-based deep learning radiomics and clinical factors demonstrated an 84.8 percent ROC AUC and a 92.6 percent precision-recall AUC for predicting perineural invasion in prostate cancer cases.
Breast MRI Study Examines Common Factors with False Negatives and False Positives
July 24th 2024The absence of ipsilateral breast hypervascularity is three times more likely to be associated with false-negative findings on breast MRI and non-mass enhancement lesions have a 4.5-fold likelihood of being linked to false-positive results, according to new research.
Can Polyenergetic Reconstruction Help Resolve Streak Artifacts in Photon Counting CT?
July 22nd 2024New research looking at photon-counting computed tomography (PCCT) demonstrated significantly reduced variation and tracheal air density attenuation with polyenergetic reconstruction in contrast to monoenergetic reconstruction on chest CT.