Merge closes deal, raises cash
The acquisition of RIS Logic is done. Merge eFilm has closed the previously announced deal (SCAN 7/23/03) to acquire the privately held Ohio-based company, which specializes in the development of software for radiology information systems. The final
The acquisition of RIS Logic is done. Merge eFilm has closed the previously announced deal (SCAN 7/23/03) to acquire the privately held Ohio-based company, which specializes in the development of software for radiology information systems. The final price tag is $2.725 million in cash plus 772,000 shares of Merge Technologies common stock and the issuance of replacement employee stock options. RIS Logic will operate as a division of Merge eFilm and will maintain its Cleveland office location. Dan Quigg, former RIS Logic president and CEO, will serve as president of the RIS Logic division.
A private placement of 667,000 shares of common stock will more than offset the cost of the deal. The shares, sold to institutional investors at $12 apiece, have bolstered the company's coffers by slightly more than $8 million.
Seven Takeaways from Meta-Analysis of PSMA Radiotracers for Prostate Cancer Imaging
December 1st 2023In a newly published meta-analysis of 24 studies, researchers noted that the PSMA PET radiotracer 18F PSMA-1007 may provide more benefit than 68Ga Ga-PSMA-11 for primary staging of patients with prostate cancer and detection of local lesion recurrence, but also has drawbacks with higher liver uptake and multiple reports of false positive bone lesions.
Study: Regular Mammography Screening Reduces Breast Cancer Mortality Risk by More than 70 Percent
November 30th 2023Consistent adherence to the five most recent mammography screenings prior to a breast cancer diagnosis reduced breast cancer death risk by 72 percent in comparison to women who did not have the mammography screening, according to new research findings presented at the annual Radiological Society of North America (RSNA) conference.
Chest CT Study Shows Higher Emphysema Risk from Combination of Marijuana and Cigarette Smoking
November 28th 2023People who smoke marijuana and cigarettes have 12 times the risk for centrilobular emphysema than non-smokers, according to new computed tomography (CT) research presented at the annual Radiological Society of North America (RSNA) conference.
