More than two years after announcing plans to spin out its HIT division, Belgian graphics giant Agfa-Gevaert (EBR:AGFB) is reportedly putting the business on the auction block. In August 2017 the Brussels-based company began planning the establishment of the HIT division as a stand-alone business within Agfa-Gevaert. Yesterday the company began accepting bids in an auction […]
Agfa-Gevaert (EBR:AGFB) said today that it’s looking at establishing its healthcare IT division into a stand-alone business. The Belgian graphics conglomerate, which also has a healthcare imaging division, said its board asked CEO Christian Reinaudo’s management team to study how to set up the HIT division as its own legal entity within Agfa-Gevaert. “Increasing the independence of […]
From Accenture’s AI-powered app to help the visually impaired to Rayovac getting clearance from Health Canada, here are seven medtech stories we missed this week but still thought were worth mentioning. 1. Accenture touts AI-powered app for visually impaired Accenture announced in a July 28 press release that it has developed an artificial intelligence–powered way to […]
German medical software company CompuGroup Medical has dropped its offer to pick up Belgian graphics group Agfa-Gevaert (EBR:AGFB), the companies said this week. Neither company offered any reason as to why the negotiations had stopped. CompuGroup Medical said it was looking to pick up Agfa-Gevaert, which makes medical IT products, in late October. The company said the buy which […]
German medical software company CompuGroup Medical is wooing Belgian graphics group Agfa-Gevaert (EBR:AGFB), the companies said last week. Agfa makes medical IT products, which would bolster CompuGroup’s software for doctors’ offices, pharmacies and hospitals; Agfa also has a portfolio of other products including X-ray machines. The combined company would have annual sales of more than €3 billion […]
Agfa HealthCare, the medical imaging business owned by Belgium’s Agfa-Gevaert (EBR:AGFB), last week won a contract with the U.S. government worth up to $768 million. The 5-year deal, which also has a 5-year extension option, calls for Mortsel, Belgium- and Greenville, S.C.-based Agfa HealthCare to provide digital imaging network and picture archiving & communication system services to federal […]
A rating agency specializing in evaluating risky investments added Boston Scientific (NYSE:BSX) to its "Risk List," citing the ongoing fallout from its ill-starred Guidant buyout, its accounting and governance practices and how it pays its executives.
The U.S. Dept. of Defense will dole out $45 million to Agfa Healthcare and another $9 million to Fuji Medical Systems USA for DIN-PACs.
That’s digital imaging network picture archiving and communications systems to you and me.
Ridgefield Park, N.J.-based Agfa and Stamford, Conn.-based Fuji Medical will supply the systems, used to make medical imaging studies portable, to the Army, Navy, Air Force, Marine Corps and federal civilian agencies, according to the Defense Dept.