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Imaging

Viking, Boston Scientific extend supply contract

July 28, 2010 by MassDevice staff

Viking Systems Inc. extends its deal with Boston Scientific Corp. to continue supplying the medical device giant with equipment for its SpyGlass direct visualization system.

VKNG logo

Viking Systems Inc. (OTC:VKNG) extended its supply contract with Boston Scientific Corp. (NYSE:BSX).

The Westborough, Mass.-based company provides the camera, light source and accessories designed specifically for Boston Scientific's SpyGlass direct visualization system.

LifeImage adds three to leadership roles

July 20, 2010 by MassDevice staff

Start-up LifeImage Inc. swoops up three healthcare IT veterans for new upper management positions.

LifeImage logo

LifeImage Inc. added three individuals to new leadership positions within the company.

The Newton, Mass.-based medical image e-sharing developer brought in John Esposito, John Ciancarelli and David Wilkins, all of whom have several years' experience in the healthcare IT industry.

Two of the new hires, vice president of sales Esposito and director of product management Wilkins, came directly from healthcare IT company Amicas Inc. (NSDQ:AMCS), where senior VP of product management and LifeImage co-founder Amy Vreeland was previously a VP.

Ben Franklin backs Pennsylvania device, pharma firms

July 16, 2010 by MedCity News

Ben Franklin Technology Partners backs two device firms and a pharmaceutical company as part of a $1.8 million funding round.

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By Chris Seper

Three Pennsylvania companies — a diagnostics business, an imaging company and another creating a treatment for head lice — were among nine businesses to receive a share of $1.8 million from Ben Franklin Technology Partners of Southeastern Pennsylvania.

Foundation Radiology grabs $6 million in latest fundraising round

July 13, 2010 by MedCity News

Imaging outsourcing firm Foundation Radiology Group completes $6 million "Series A1" round.

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By Brandon Glenn

Imaging outsourcing company Foundation Radiology Group completed a $6 million "Series A1" round, sourced from previous investors.

The company plans to use the funding to expand into new markets, but CFO Barbara Beaudin declined to offer more specifics. Pittsburgh-based Foundation has clients in five states — Pennsylvania, New York, Virginia, Kentucky and Michigan — Beaudin said.

Carestream strikes back against Caliper with patent infringement lawsuit

July 13, 2010 by MassDevice staff

Carestream Health Inc. strikes back at Caliper Life Sciences Inc. with a patent infringement lawsuit of its own, nearly five months after Caliper first sued Carestream.

CALP, Carestream logos

Carestream Health Inc. accused Caliper Life Sciences Inc. of violating one of its patents, nearly five months after Caliper slapped Carestream with a patent infringement lawsuit of its own.

R.I. private equity firm completes buyout of Virtual Radiologic

July 12, 2010 by MassDevice staff

Providence Equity Partners LLC executes a merger with Virtual Radiologic Corp. in a deal worth $294 million.

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Providence Equity Partners completed its takeover of Virtual Radiologic Corp. (NSDQ:VRAD).

The transaction was valued at approximately $294 million. The deal, approved by a VRAD stockholder vote, will see a Providence Equity affiliate acquire the Eden Praire, Minn.-based radiology outsourcing firm.

Lantheus inks purchasing deal with MDS Nordion for rare isotope

July 8, 2010 by MassDevice staff

Lantheus Medical Imaging Inc. arranges a new manufacturing and supply deal for molybdenum-99, the main ingredient for its imaging isotope generators.

Lantheus logo

Lantheus Medical Imaging Inc. sealed a new purchasing deal with Ottawa-based MDS Nordion for a rare imaging isotope, molybdenum-99.

The Billerica, Mass.-based medical imaging company will begin receiving a weekly supply of Mo-99 when the National Research Universal reactor in Chalk River, Ontario, goes back online, expected the end of July. The contract is good through July 2011.

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