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MICA records charge due to proxy fight
Imaging services provider Medical Imaging Centers of America thismonth reported financial results for its first quarter (end-March)that showed the San Diego company taking a one-time $1.3 millioncharge related to its proxy battle with shareholder group
Imaging services provider Medical Imaging Centers of America thismonth reported financial results for its first quarter (end-March)that showed the San Diego company taking a one-time $1.3 millioncharge related to its proxy battle with shareholder group SteelPartners of New York City.
MICA had revenues for the quarter of $9.5 million, compared with$14.2 million in the same period last year. Much of the drop wasdue to MICA's sale of its ultrasound and nuclear medicine businessto Diagnostic Health Services last year.
MICA had net income of $312,000, compared with $924,000 in thefirst quarter of 1995. MICA took a special charge of $1.3 millionfor the Steel Partners battle and recorded a one-time gain of$382,000 related to debt forgiveness.
As part of the agreement that settled the Steel Partners proxyfight, MICA agreed to look for a corporate partner that wouldmerge with or acquire MICA (SCAN 3/27/96). MICA president andCEO Robert Muehlberg said that the company is focusing on findingsuch a partner and plans to make an announcement regarding itssearch on June 19.
Emerging Perspectives on PSMA PET Radiotracers: An Interview with Kenneth J. Pienta, MD
April 24th 2024In a recent interview, Kenneth J. Pienta, M.D., discussed the impact of piflufolastat F18, current directions in research with other PSMA-targeted radiotracers and future possibilities for the role of PSMA PET in the imaging paradigm for prostate cancer.
Could a Newly FDA-Cleared C-Arm Device Bolster Efficiency for Interventional Radiologists?
April 22nd 2024In addition to advanced imaging quality and dose efficiency, the Philips Zenition 30 mobile C-arm device emphasizes personalized user profiles and automated customization to help reduce procedure time.
