Vital, Toshiba ink development deal

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Vital Images and Toshiba Medical Systems have signed a co-development and collaboration agreement, in which they will enter into a mutual license of intellectual property and jointly invest to develop and deliver technology advancements for Toshiba’s modalities, including the Aquilion One CT scanner, and Vital’s advanced visualization software.

The companies recently announced the renewal of their distribution agreement, which has been extended until 2013.

The lengthened term of the new contract enables the companies to jointly drive new technology and collaborate in developing and launching advanced visualization solutions for medical imaging, according to the Minneapolis-based Vital and the Tokyo, Japan-based Toshiba.