Industry News | Friday, January 27
Shine Medical Technologies, a developer of medical isotopes and cancer treatment elements, intends to build a new manufacturing plant in Janesville, Wis. Plant completion is planned for 2015, with more than 100 permanent employees and potential for further employment growth.
Industry News | Thursday, January 26
The diagnostic imaging market will be marked by an expansion of hybrid modality technology, the growth of imaging in emerging markets and negative growth due to reimbursement cuts in the U.S., according to a report by GBI Research, a business information company, distributed by Industry Review.
Industry News | Thursday, January 26
The Florida State Senate has refused to consider HB 1329, which would have required imaging centers, along with other healthcare providers, to publish and post a schedule of charges for services provided to patients paying out of pocket on Jan. 25.
Contracts & Installations | Thursday, January 26
Naviscan PET scanners performing positron emission mammography (PEM) have been installed in two European centers: Radiologie und Nuklearmedizin in Ludwigshafen, Germany, and Medica in Istanbul, Turkey.
Mergers & Acquisitions | Wednesday, January 25
Milwaukee-based Herzing University has acquired the Medical Technology Management Institute, which provides continuing education for radiologic technologists and diagnostic medical physicists.
Financial News | Monday, January 23
Venture investments held strong and steady across healthcare in 2011, with medical devices finishing a close second to biopharmaceuticals in dollars invested and healthcare IT seeing a substantial increase over the previous year.
Clinical Studies | Monday, January 23
Often healthcare services in the U.S. are overutilized, which can lead to high healthcare spending. Expanding guidelines and establishing appropriate use criteria for more healthcare services could help eliminate this overuse and in turn reduce high healthcare spending, according to an editorial published in the Jan. 24 issue of the
Archives of Internal Medicine.
Financial News | Monday, January 23
GE Healthcare has reported a 1 percent increase in fourth quarter revenues to $5.16 billion, and a slight drop—5 percent—in quarter profits to $953 million. However, the yearly revenue in 2011 rose 7 percent in 2011 over 2010—$18.08 billion versus $16.9 billion. Likewise, the healthcare unit’s yearly profits rose 2 percent from $2.74 billion in 2010 to $2.8 billion in 2011.
Clinical Studies | Sunday, January 22
18F-flutemetamol PET imaging demonstrates strong concordance with histopathology irrespective of timing and sequence of exams in prospective and retrospective settings, and shows promise as a valuable tool to study and possibly facilitate diagnosis of Alzheimer’s disease, both in patients with suspected normal pressure hydrocephalus, and among the wider population, according to a pooled analysis of four studies presented at the 2012 Human Amyloid Imaging (HAI) conference in Miami, Fla.
Government News | Friday, January 20
The Dutch Ministry of Economic Affairs, Agriculture and Innovation has announced that the government's cabinet views the realization of a new PALLAS nuclear reactor "postively," which is an "important condition for further progress on the PALLAS project," according to a statement from the Nuclear Research & Consultancy Group.
Industry News | Wednesday, January 18
The global PACS market, valued at $2.8 billion in 2010, is expected to grow at a compound annual growth rate (CAGR) of 10 percent to reach $5.4 billion by 2017, according to a MarketResearch.com report titled “Picture Archiving and Communication Systems (PACS) – Global Opportunity Assessment, Competitive Landscape and Market Forecasts to 2017.”
Mergers & Acquisitions | Tuesday, January 17
Positron has acquired all of the assets and business operations and retained all employees of Manhattan Isotope Technology (MIT). In exchange, MIT will receive cash advances, assumption of certain indebtedness and earn-out consideration of $3.5 million, based on 20 percent of the net income from sales relating to radioisotope and radiopharmaceutical operations of MIT.
Industry News | Tuesday, January 17
Bioscan, a developer of preclinical imaging systems, has established a subsidiary in Dijon, France, Bioscan Molecular Imaging France.
Clinical Studies | Monday, January 16
An interim 18F-FDG PET/CT exam after two cycles of neoadjuvant chemotherapy was predictive of pathologic response and disease-free survival in patients with triple-negative breast cancer, an aggressive subtype of breast cancer, according to a prospective study published online Jan. 12 in the Journal of Nuclear Medicine.
Industry News | Monday, January 16
An internal audit published in late 2010 showed that University of Missouri Health Care was providing unrequested radiology services, according to the Columbia Tribune.
Clinical Studies | Monday, January 16
The team at Johns Hopkins In-Vivo Cellular and Molecular Imaging Center in Baltimore is using novel imaging tools to discover new early detection methods for cancers existing in cells, and study its prevention and elimination before spreading to other organs and tissues.
Government News | Monday, January 16
The Living Lab Structural Biology Center was formed through a cooperative research and development agreement between the National Institutes of Health (NIH), in Bethesda, Md., and FEI, in Hillsboro, Ore., a scientific instruments company, to help accelerate medical discoveries relating to global health challenges, such as cancer and HIV/AIDS. The lab will utilize near-atomic resolution microscopy and other structural biology technologies.
Contracts & Installations | Thursday, January 12
Two healthcare organizations in Grenoble, France, are using LabLogic’s Laura radio-chromatography system and instrumentation.
Government News | Wednesday, January 11
The Foundation for the National Institutes of Health (FNIH) Biomarkers Consortium has released biomarker data from studies intended to improve the ability to diagnose and measure the progression of Alzheimer’s disease.
Industry News | Tuesday, January 10
As the healthcare system abandons fee-for-service reimbursement models for the potential savings of value-based reimbursement models, IT services firm CSC suggested that incentives for patients and providers need to more closely resemble each other for the transition to work.
Contracts & Installations | Tuesday, January 10
University of Texas (UT) Southwestern Medical Center in Dallas has installed a PET scanner, the breast application for which is positron emission mammography (PEM), which will be used both for clinical patients as well as for research focused on lowering radiation dose and novel radiotracers.
Regulatory News | Monday, January 09
The FDA has granted clearances for GE Healthcare's Brivo NM615, a single-head nuclear medicine gamma camera with SPECT capability.
Mergers & Acquisitions | Monday, January 09
SK Capital Partners, a New York City-based private investment firm, has signed a definitive agreement to create IBA Molecular Imaging, a jointly-owned new company derived from the radiopharmaceutical division of IBA (Ion Beam Applications).
Financial News | Monday, January 09
Nordion has reported increases in net income and revenue for the fiscal year (FY) 2011, despite losses in the fourth quarter. Also, the company made its predictions for how its isotopes unit will perform in FY2012.
Association News | Sunday, January 08
World Molecular Imaging Society (WMIS) has lauched its first online portal, which features the annual meeting's presentation videos, abstracts, workshops and plenary sessions.
Industry News | Wednesday, January 04
The CHEST Foundation has awarded a Roswell Park Cancer Institute research team a $100,000 grant to develop a blood test to help diagnose lung cancer in patients before they undergo a biopsy.
Industry News | Tuesday, January 03
Siemens, the Munich-based conglomerate, is planning to cut up to 1,000 jobs in its healthcare division.
Contracts & Installations | Tuesday, January 03
Royal Philips Electronics and the VU University Medical Center Amsterdam have signed an agreement to install one of Philips’ Ingenuity Time-of-Flight (TF) PET/MR scanners at the center.
Clinical Studies | Tuesday, January 03
Different ingredients in marijuana appear to affect regions of the brain differently during brain processing functions involving responses to certain visual stimuli and tasks, according to a study published in the January issue of Archives of General Psychiatry.
Regulatory News | Tuesday, January 03
The FDA has issued draft guidance to clarify current review practices of premarket notification 510(k) submissions for FDA staff and manufacturers of medical devices.
Mergers & Acquisitions | Tuesday, January 03
Centric Health has terminated its agreement to acquire Medical Imaging Centre.
Industry News | Tuesday, December 20
Positron has received a nuclear pharmacy license from the Indiana Board of Pharmacy for its Crown Point, Ind., manufacturing facility.
Clinical Studies | Monday, December 19
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FDG PET could be used as a noninvasive surrogate marker for tumor growth and viability in treatment of head and neck cancer, based on a rodent model study published in the December issue of
Radiology.
Contracts & Installations | Monday, December 19
Provision Healthcare has signed an agreement with Ion Beam Applications (IBA) for the purchase, installation and maintenance of a new proton therapy system at Tennessee’s first proton beam cancer center, located in Knoxville.
Industry News | Monday, December 19
The Medicare Payment Advisory Commission (MedPAC) has confirmed the recent downward trend in Medicare spending and utilization on medical imaging procedures and said imaging services declined by 2.5 percent in 2010.
