Syncor International and Du Pont Merck Pharmaceutical are strengtheningtheir alliance in radiopharmaceutical distribution. The companiesrevised their supply and distribution arrangement and will transferDu Pont Merck's direct radiopharmaceutical sales
Syncor International and Du Pont Merck Pharmaceutical are strengtheningtheir alliance in radiopharmaceutical distribution. The companiesrevised their supply and distribution arrangement and will transferDu Pont Merck's direct radiopharmaceutical sales effort to Syncor.
Under the terms of the new arrangement, Syncor will distributethe radiopharmaceutical products that Du Pont Merck sells directin bulk form to over 2000 customers, primarily hospitals and clinics.Syncor will continue to serve as Du Pont Merck's primary commercialradiopharmacy distribution network for prepared unit dose productsand will maintain preferential distribution rights for a numberof Du Pont Merck's products.
As a result of the alliance, Du Pont Merck sales representativeswill forward bulk orders to Syncor for distribution. Prior tothe agreement, both Syncor and Du Pont Merck sales reps visitedradiopharmaceutical purchasers, with Du Pont Merck promoting bulksales and Syncor plugging prepared unit doses. Syncor representativeswill take orders for both options under the new agreement.
The agreement takes effect in February. It will replace a five-yeardistribution pact that began in 1988 (SCAN 4/27/88). Syncor isbased in Chatsworth, CA, while Du Pont Merck is headquarteredin North Billerica, MA.
The alliance is an attempt to capitalize on the movement towardhealth-care reform by enabling the companies to distribute productsto customers more cost-effectively, according to Syncor CEO GeneR. McGrevin.
"By combining Du Pont Merck's strengths in product developmentand manufacturing with Syncor's strengths in distribution andservices, both companies are taking a significant step to betterserve emerging health-care integrated delivery systems,"McGrevin said.
The addition of Du Pont Merck's direct customer base to Syncorwill increase Syncor's revenues by $50 million to $60 millionthis year and will add pre-tax profits of $2.5 million to $3.5million, according to the company. Syncor's prepared unit dosebusiness is expected to bring in $265 million for calendar year1994.
Syncor also announced that it is changing its fiscal year toend Dec. 31 rather than May 31, beginning with the seven monthsending Dec. 31, 1993. The change aligns Syncor's fiscal year endwith Du Pont Merck's.
Syncor distributes Du Pont Merck's cardiac SPECT agent, Cardiolite,as well as I.V. Persantine, a pharmacological stressor. Syncorexpects to distribute Neurolite, Du Pont Merck's technetium-99m-basedbrain imaging agent, when that product receives Food and DrugAdministration approval (SCAN 6/30/93).
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.