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 […]
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Agfa-Gevaert hatches plan for standalone HIT biz
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 […]
7 medtech stories we missed this week: July 28, 2017
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 […]
CompuGroup ends Agfa courtship
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 […]
Report: CompuGroup Medical woos Agfa-Gevaert
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 lands $768m imaging contract with U.S. gov’t
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 […]
AGFA Gevaert slides to Q4, 2011 red | Earnings Roundup

AGFA Gevaert slides to Q4, 2011 red
AGFA Gevaert (EBR:AGFB) swung to red ink for the 4th quarter and 2011.
GMI Ratings adds Boston Scientific to risky bet list | Wall Street Beat

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.
Agfa, Fuji win Defense Dept. contracts worth $54 million

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.