Industry News

NAS receives non-compliance notice from Nasdaq
Nasdaq has indicated that North American Scientific (NAS) has failed to regain compliance with the minimum $1 bid price per share requirement within the 180 calendar-day compliance period, which ended on April 2.

FCC extends telehealth funding eligibility
The Federal Communications Commission (FCC) has extended the eligibility of certain rural healthcare provider organizations for three years to receive subsidized funding of telehealth initiatives.

President's council focuses on EHRs, amending HIPAA
President George W. Bush's Council of Advisors on Science and Technology is expected to join many other organizations calling for changes in federal privacy rules to increase patients' comfort levels with EHRs, according to Government Health IT.

High-tech patient monitoring systems earned $3.9B in 2007
Next-generation patient monitoring systems earned an estimated $3.9 billion for manufacturers in 2007, and this market could more than double in five years, according to a market research study by Kalorama Information, a life sciences research firm.

New Products

Medical Insight updates EasyViz for PACS, EMRs
Medical Insight has released a new version of its EasyViz product, which adds mobility to any existing or new PACS or EMR system.

Regulatory News

FDA approves cardiac imaging agent from CV Therapeutics, Astellas
The FDA has approved Lexiscan (regadenoson) injection, an A2A adenosine receptor agonist developed by CV Therapeutics and marketed by Astellas Pharma U.S., for use as a pharmacologic stress agent for radionuclide myocardial perfusion imaging (MPI) in patients unable to undergo adequate exercise stress.

Partnerships & Alliances

Carestream, VirtuRad sign reseller agreement
VirtuRad is now a reseller and integrator of Carestream Health’s digital medical imaging and healthcare IT systems in the United States.

Contracts & Installations

National Cancer Institute chooses Luna's agent for preclinical characterization
The National Cancer Institute has selected Luna Innovations' MRI contrast agent as a candidate for preclinical characterization by the Nanotechnology Characterization Laboratory.

Dilon Technologies closes Q1 with record sales
Dilon Technologies, a manufacturer and supplier of high resolution molecular imaging systems, has secured nine additional Dilon 6800 orders to close out the end of the first quarter.

Financial News

Guardian Technologies closes $7M financing
Guardian Technologies International has entered into definitive agreements with five existing and four new accredited investors with respect to the private placement of approximately 10 million shares of its common stock for expected gross proceeds of approximately $7 million.

Irish medical device developer nets nearly $8.5M in financing
Crospon has completed a $4.75 million (€3 million) round of financing, which follows an initial $3.65 million (€2.3 million) seed funding, secured in June 2007.

Executive Announcements

Sunquest taps Feist as VP of marketing
Kelly A. Feist has joined Sunquest Information Systems, a provider of laboratory information systems, as its vice president (VP) of marketing.

Health Imaging News (ISSN #1941-6873) is your source for the top medical imaging and healthcare IT stories of the week. Health Imaging News provides a comprehensive journal of mergers and acquisitions, new technologies, partnerships and alliances, calendar of coming events and executive announcements to make your week complete. Look for a new edition of Health Imaging News every afternoon Monday through Friday.

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