PSS World Medical buys Medical Imaging
PSS World Medical continues its aggressive acquisition drive. The medical supplies distributor this month announced that it will purchase Medical Imaging Services of Little Rock, AR, a private medical imaging distributor with annual revenues of
PSS World Medical continues its aggressive acquisition drive. The medical supplies distributor this month announced that it will purchase Medical Imaging Services of Little Rock, AR, a private medical imaging distributor with annual revenues of approximately $18 million. The agreement solidifies PSS World's operations in the southwest and south central U.S. and adds to two other recent acquisitions in the region (SCAN 2/18/98).
In other news, the Jacksonville, FL, company this month signed an agreement with SonoSight for exclusive U.S. rights to distribute SonoSight's handheld ultrasound products to private physicians' offices. The deal gives SonoSight access to this market, while PSS World improves the range of medical techology it can offer. In May, SonoSight received 510(k) approval from the Food and Drug Administration for its first handheld ultrasound device, which it plans to release in the second half of 1999.
