Varian Medical (NYSE:VAR) said today that its board of directors approved the $200 million spin-out of the stand-alone Varex imaging components business and released more information on the distribution of Varex shares. The Palo Alto, Calif.-based company’s new spin-out will be separated through a tax-free distribution of shares, with each Varian stockholder receiving 0.4 shares of Varex […]
Imaging
Avinger shares drop on Q4 prelims
Avinger (NSDQ:AVGR) saw shares prices drop -12% today after it released preliminary financial results for the 4th quarter, missing analysts’ expectations on Wall Street. The Redwood City, Calif.-based company said it expects a total revenue of $4.7 million, up 62% over Q4 2015 but down -11% from the 3rd quarter. Revenue from disposable devices is expected to be $3.7 million, […]
Exact Imaging raises $16m in Series C to support ExactVu micro-ultrasound
Micro-ultrasound developer Exact Imaging said today it raised $16.3 million (CDN $21.5 million) in a Series C funding round, with funds slated to support the commercialization of its ExactVu micro-ultrasound system. The round, which closed late last year, was led by Lumira Capital and Vesalius Biocapital and joined by newly invested PMV and previously invested iGan […]
Nikon’s Optos, Google’s Verily ink deal for machine learning in retinal imaging
Nikon (TYO:7731) subsidiary Optos and Google (NSDQ:GOOG) unit Verily inked a deal this week to develop technologies for machine learning-enabled retinal imaging. The deal calls for the companies will collaborate on improving the screening for diabetic retinopathy and diabetic macular edema, both among the leading causes of blindness worldwide. The program combines Nikon’s leadership in optical engineering and precision […]
The future of cardiac MRI: 3D cine
The heart is a dynamic, beating organ, and until now it has been challenging to fully capture its complexity by magnetic resonance imaging (MRI). In an ideal world, doctors could create a 3-D visual representation of each patient’s unique heart and watch as it pumps, moving through each phase of the cardiac cycle. Andrew Powell, […]
OneMedNet, Vida Diagnostics partner to develop image sharing for pulmonologists
OneMedNet Corp. said today that it landed a collaboration deal with Vida Diagnostics Inc., to develop an image exchange and data sharing solution for diagnostic and therapeutic procedural workflows for pulmonologists. According to the agreement, Vida will make an embedded VidaExchange data sharing solution using its VidaVision software and OneMedNet’s Beam network. The goal of […]
NanoVibronix lands Health Canada nod for patch-based wound healing device
NanoVibronix (NSDQ:NVBXU) said today that it won approval from Health Canada to sell its WoundShield device in Canada. The Elmsford, N.Y.-based company has also won CE mark approval for the device in the European Union. The WoundShield system is a patch-based ultrasound device that increases local capillary perfusion and tissue oxygenation to facilitate soft tissue […]
iCad deals VersaVue software, DynaCAD to Philips InVivo unit for $3.2m
iCad (NSDQ:ICAD) said yesterday that it agreed to deal its VersaVue software and DynaCAD breast and prostate imaging devices to Royal Philips‘ (NYSE:PHG) InVivo unit for $3.2 million. Nashua, N.H.-based iCad said the Dec. 16 deal includes a holdback reserve of $350,000. The deal is expected to close by Jan. 31, 2017; if it doesn’t close by […]
Varian Medical Systems puts up $276m for PerkinElmer’s medical imaging biz
Varian Medical (NYSE:VAR) said today that it agreed to put up $267 million to acquire the medical imaging business of PerkinElmer Inc. (NYSE:PKI) for the planned spinout of its Varex imaging components unit next month. The 280-worker PerkinElmer segment is an OEM business that makes digital flat panel X-ray detectors for industrial, medical, dental and veterinary X-ray imaging systems. Varian said […]
Carestream Health wins $571m DoD contract
Carestream Health today won a $571 million contract with the Department of Defense to supply it with radiology systems, accessories and training, according to a DoD release. The 5-year firm-fixed-price, indefinite-deliver, indefinite-quantity contract will position Carestream to supply equipment to the Air Force, Army, Navy, Marine Corps and federal civilian agencies. Rochester, N.Y.-based Carestream was chosen […]
Clarius wins FDA 510(k) for wireless ultrasound device
Mobile ultrasound developer Clarius Mobile Health said today it won FDA 510(k) clearance for its C3 and L7 Clarius wireless ultrasound scanners. Clarius’ C3 multipurpose ultrasound scanner is designed to image the abdomen and lungs, with an incorporated virtual phased array for heart scans, while the L7 is designed for guiding procedures and imaging superficial […]