Category: MRI
MRI
Peabody, Mass.-based imaging equipment maker Analogic Corp. sees sales of its MRI and CT equipment drop 9 percent during the second quarter and cuts 17 jobs, but doubles its bottom line.
Analogic Corp.'s (NSDQ:ALOG) largest business segment posted flat sales, with a 9 percent dip in its bread-and-butter MRI and CT equipment business offsetting stronger sales of specialized ultrasound equipment.
The Peabody, Mass.-based imaging equipment maker posted sales of $103.3 million for the three months ended Jan. 31, essentially flat compared with $102.7 million during the same period last year. Still, net income improved to $3.6 million, compared to $1.4 million for the same period last year, when the company took a $3.5 million hit to its bottom line when it laid off 145 employees, or about 9 percent of its total workforce.
Bruker Corp. records 100 orders in the second half of 2009 from government stimulus programs around the world.
As predicted, government stimulus spending intended to jumpstart the global economy did the trick for Bruker Corp. (NSDQ:BRKR) in the second half of 2009, as the company recorded nearly $70 million in sales derived from global stimulus packages.
Billerica, Mass.-based Bruker manufactures analytic tools such as X-ray systems, spectrometers and magnetic resonance imaging instruments. The company has been saying since early 2009 that it expected to profit from the various stimulus programs being implemented by governments across the globe to stimulate the faltering economy.
T2 Biosystems Inc. taps former Grove instruments and Boston Scientific executive Ken Toso to lead its product development efforts.
T2 Biosytems Inc., the Cambridge, Mass.-based developer of a benchtop MRI device, named Ken Toso vice president of product development.
Toso comes to the company from Worcester, Mass.-based portable glucose monitor maker Grove Instruments, where he served as senior vice president of engineering. Prior to his stint at Grove, Toso was vice president of research & development for the oncology division of Boston Scientific Corp. (NYSE:BSX).
The 3D block puzzle for the aspiring radiologist and the first life science bioprinters; plus a device that helps adjust artificial legs for a more natural gait and Microsoft seeks patents on EMG human-computer controllers.
A block puzzle for the aspiring radiologist: Neil Fraser, a software engineer at Google, used volumetric MRI data of a brain scan to create a 3D wooden block puzzle. 
GE Healthcare uses Great Britain's stringent libel laws to sue a Danish physician for his remarks at a medical conference about its Omniscan MRI drug.
GE Healthcare is using Great Britain's notoriously stringent libel laws to sue a Danish physician over his remarks about its Omniscan MRI drug at a medical conference in Oxford, England.
Libel laws in the U.K. provide litigants with deep pockets a distinct advantage over individuals of more modest means. The General Electric subsidiary is using its deep pockets — to the tune of roughly $610,000 — to pursue a libel action against Henrik Thomsen, director of the department of diagnostic sciences at the University of Copenhagen, according to The Sunday Times of London.
A Food & Drug Adminstration panel recommends stricter regulation of MRI contrast drugs and the FDA sends a warning letter to Italian pacemaker lead manufacturer Sorin Biomedica.
A Food & Drug Administration advisory panel recommended that the watchdog agency tighten restrictions on drugs used during MRI scans for patients with severe kidney disease, because the contrast agents have been linked to a rare but often crippling or deadly disease called nephrogenic systemic fibrosis, according to news reports.
The Wilmington, Mass.-based company will continue to operate as a part of GE Healthcare.
GE Healthcare (NYSE: GE) completed its acquisition of ONI Medical Systems Inc., a maker of musculoskeletal MRI systems.
Terms of the deal were not disclosed, but a spokesperson at ONI told MassDevice that the 50 workers employed by ONI will stay on at the company's Wilmington, Mass. headquarters as it is folded into GE.
