Digirad Corp. (NSDQ:DRAD) said today it closed the sale of its medical device sales and service business and associated contracts to Royal Philips (NYSE:PHG) for $8 million. The divested MDSS business provides post-warranty maintenance for large diagnostic imaging equipment, mostly in the upper mid-west region of the US, Suwanee, Ga.-based Digirad said. “We are pleased that we were able […]
Digirad Corp.
Digirad deals medical device sales & service biz to Philips for $8m
Digirad Corp. (NSDQ:DRAD) said yesterday it inked an agreement to sell its medical device sales and service business and associated contracts to Royal Philips (NYSE:PHG) for $8 million. The divested MDSS business provides post-warranty maintenance for large diagnostic imaging equipment, mostly in the upper mid-west region of the US, Suwanee, Ga.-based Digirad said. “Over the last few months […]
Philips to terminate remote servicing deal with Digirad
Digirad Corp. (NSDQ:DRAD) said this week that Royal Philips (NYSE:PHG) has decided to terminate a remote services contract with Digirad’s DMS Health Tech subsidiary, effective December 31. The Poway, Calif.-based company said it is conducting an impairment review to evaluate the impact of the terminated contract, and that currently it “cannot make a reasonable estimate of any […]
Digirad wins $100m DoD contract for CT equipment
Digirad Corp. (NSDQ:DRAD) won a maximum $100 million contract with the US Department of Defense to supply computed tomography imaging equipment devices, according to a DoD release posted on Monday. The firm-fixed-price, indefinite-delivery and indefinite-quantity 5-year base contract comes with an additional 5-year option period, according to a DoD release. The contract’s completion date is set […]
Digirad picks up DMS Health for $36m
Digirad Corp. (NSDQ:DRAD) said earlier this week it picked up DMS Health for $36 million. Fargo, N.D.-based DMS Health provides mobile diagnostic imaging and related sales and other services to regional hospitals, concentrated in the midwest, Digirad said. “We believe this acquisition represents a significant milestone in Digirad’s history, and should generate considerable value for our […]
Digirad closes Perma-Fix partnership deal
Digirad Corp. (NSDQ:DRAD) said it completed a strategic partnership deal with Perma-Fix Medical S.A., a subsidiary of Perma-Fix Environmental Services. Digirad invested $1 million into Perma-Fix Medical, constituting 5.4% of outstanding shares and appointed Digirad CEO Matt Molchan to Perma-Fix Medical’s supervisory board. The deal will position Perma-Fix Medical as the preferred supplier for Tc-99m […]
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PDI has bought RedPath Integrated Pathology just days after rejecting a tentative buyout offer from Digirad Corp. (NSDQ:DRAD).
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Device makers tally $67M in Pentagon deals
The Defense Dept. handed out some $66.7 million in supply contracts to 5 medical device makers, covering Pap test kits, radiology and patient monitoring systems.