Industry round-up: EDDA, IMCO, Philips, Vital Images, Zonare
EDDA Technology has released its IQQA-Chest software V2.0 featuring enterprise CAD system for digital x-ray. The FDA-cleared system offers real-time interactive diagnostic analysis of digital chest x-rays using a comprehensive set of tools to support radiologists in their identification, confirmation and quantification of lung nodules. IQQA-Chest has clinically demonstrated an ability to improve radiologists' detection of small lung nodules (5-15mm) up to 85 percent, the company said.

IMCO Technologies has submitted its IMCO-STAT communications technology software for clearance with the U.S. FDA. IMCO-STAT communicates critical findings utilizing voice, hand-written text, typed text in pre-formatted reports, key images with annotations and streaming video. The system does so using bi-directional communication. IMCO-STAT includes the capability of sending results via a wireless environment to tablet PCs, PDAs and/or to hard-wired workstations. Recipients of incoming messages receive audible alerts and the receipt status is confirmed back to the sender. IMCO hopes to obtain FDA clearance to bring IMCO-STAT to market in the U.S. early next year.

Vital Images announced the pricing of an underwritten public offering of 3,000,000 shares of newly issued common stock (at $31.00 per share). Vital Images has granted to the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock to cover any over-allotments. The company intends to use the approximately $87.5 million in net proceeds for general corporate purposes, including expanding sales and marketing, customer service and training efforts internationally and investing in product development resources. Vital Images also intends to use the net proceeds for the acquisition of or investment in businesses, products and technologies.

Royal Philips Electronics announced today that its Medical Systems division is introducing the Philips asset tracking system for locating hospital assets and improving efficiencies. Using Wi-Fi based technology by AeroScout Inc., the asset tracking system is tailored for 802.11 wireless infrastructures. The Philips asset tracking solution utilizes technology that includes wireless tags, a location engine, and the MobileView user interface. The tags, which can be attached to most mobile assets, transmit to a hospital’s existing 802.11 wireless infrastructure. This information is fed into the location engine and the asset’s position can then be portrayed on a map, or in a table or report format for any networked hospital user. 

The group purchasing organization Sisters of Mercy Health System located in St. Louis, Mo., inked a two-year deal with ZONARE Medical Systems to provide its facilities the ability to purchase the ultrasound system from ZONARE at the purchasing organization’s contract prices.