ADAC Laboratories parlayed expansion of its distribution agreement with Hitachi in Japan and a three-year group purchasing agreement with Novation signed during the third quarter of fiscal 2000 into a net income of $4.6 million, compared to a net loss
ADAC Laboratories parlayed expansion of its distribution agreement with Hitachi in Japan and a three-year group purchasing agreement with Novation signed during the third quarter of fiscal 2000 into a net income of $4.6 million, compared to a net loss for the third quarter of 1999 of $5.4 million.
The Novation contract is expected to result in purchases of $15 million in PET and nuclear medicine imaging equipment during the first year of the deal.
Texas-based Novation is the healthcare industrys largest purchasing organization. The ADAC contract was the result of competitive public bids.
Hitachi Medical Systems is now ADACs exclusive distributor in Japan of its PET imaging systems, as well as its nuclear medicine products and its radiation therapy planning system.
FDA Clears Virtually Helium-Free 1.5T MRI System from Siemens Healthineers
June 26th 2025Offering a cost- and resource-saving DryCool magnet technology, the Magnetom Flow.Ace MRI system reportedly requires 0.7 liters of liquid helium for cooling over the lifetime of the device in contrast to over 1,000 liters commonly utilized with conventional MRI platforms.
SNMMI: Botox May Facilitate Relief from Dry Mouth Side Effect of PSMA-Targeted Radiopharmaceuticals
June 25th 2025For patients being treated with radiopharmaceutical agents for metastatic prostate cancer, the combination of botulinum toxin and an anti-nausea patch led to a 30 percent reduction in PSMA uptake in the salivary glands, according to preliminary research findings presented at the SNMMI conference.