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Lunar hit by market slowdown
In line with the company’s previous warning (SCAN 4/1/98),Lunar’s third-quarter financial results were impacted by marketconditions that continue to plague bone densitometry firms. For theperiod (end-March), the Madison, WI-based firm
In line with the companys previous warning (SCAN 4/1/98),Lunars third-quarter financial results were impacted by marketconditions that continue to plague bone densitometry firms. For theperiod (end-March), the Madison, WI-based firm saw a 9% decline inrevenue, with sales of $18.1 million compared with $19.9 million in thesame period last year. Net income was $692,000, a sharp dip comparedwith the $3.3 million profit posted in the third quarter of 1997. Lunarattributed the decline to a shift in purchasing from hospitals tophysician offices and clinics, which buy less expensive machines.
Inother Lunar news, the company substantially broadened its distributionchannels with the signing of agreements with medical productdistributors McKesson General Medical and Caligor Physicians andHospital Supply. Under the terms of the nonexclusive deals, McKesson andCaligor will begin distributing Lunars DPX-MD and PIXIdensitometers immediately. The deals bring a collective sales force ofmore than 1000 to help Lunar improve its access to the emergingoffice-practice densitometry markets, according to the company. McKessonof Richmond, VA, and Pelham Manor, NY-based Caligor will also haverights to the Achilles ultrasound-based densitometer, which is pendingFood and Drug Administration premarket approval.
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.
