Industry News

Global DR market to reach $844.2 M by 2010
Driven by the digitalization of radiology departments, the need for higher resolution diagnostic images and the widespread proliferation of PACS in hospitals, the world market for digital radiography (DR) is projected to reach $844.2 million by the year 2010, according to Global Industry Analysts, a market research firm.

Sunquest opens London office
Sunquest Information Systems, a provider of laboratory information systems, has opened a new office in London to serve as its international headquarters.

Maryland hospitals collaborate for Philips eICU project
Six community hospitals in Maryland will use grant funds to implement telemedicine technology that enables continuous remote monitoring of intensive care units.

Loyola Health System CEO, president proposes $1B overhaul
After 15 months as president and CEO of Loyola University Health System in Maywood, Ill., Paul Whelton, MD, is unveiling a $1 billion strategic plan to bolster Loyola's teaching, research and clinical programs.

MedAvant receives Nasdaq going concern opinion
MedAvant Healthcare Solutions has been issued a going concern qualification from UHY, the company's independent registered public accounting firm, as part of UHY's audit opinion on the company's 2007 consolidated financial statements and was based on its declining revenues, recurring losses from operations and limitations on its access to capital.

New Products

Nucletron introduces brachytherapy treatment planning system
Nucletron, a radiotherapy cancer treatment company, has introduced its Oncentra Brachy, a volume-based treatment planning system to optimize cancer treatment planning with brachytherapy.

Regulatory News

Acusphere submits imaging agent for FDA approval
Acusphere has submitted a new drug application to the FDA for approval to market its lead product candidate, Imagify.

InfraReDx nets FDA 510(k) clearance for coronary imaging system
The FDA has approved the sale of a new laser scanning system developed by InfraReDx, intended to locate fatty deposits in blood vessel walls that are believed to cause heart attacks.

Partnerships & Alliances

TomoTherapy to participate in nearly $50M proton therapy venture
TomoTherapy is participating in a new venture, Compact Particle Acceleration Corporation, to develop a compact proton therapy system for the treatment of cancer. The system will feature a dielectric-wall accelerator.

Contracts & Installations

McKesson nets multiple HIS, EHR installs
McKesson Provider Technologies has signed Paragon community hospital information system (HIS) and Practice Partner EHR and practice management solution contracts with several community hospitals across the United States.

Financial News

Varian Medical sees increased revenues, lower net income for Q2
Varian Medical Systems has reported revenues for the second quarter of fiscal year 2008 of $528 million, an increase of 19 percent from the second quarter of last fiscal year.

SonoSite posts record Q1 results
SonoSite, a hand-carried ultrasound provider for the point-of-care, has reported record financial results for the first quarter, which ended March 31.

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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