- AI
- Molecular Imaging
- CT
- X-Ray
- Ultrasound
- MRI
- Facility Management
- Mammography
Endosonics CVD unit goes public
The CardioVascular Dynamics subsidiary of Endosonics went publiclast month, floating 3.4 million shares priced at $12 each. Endosonicsplans to retain a 49% stake in Irvine, CA-based CVD, down fromthe 84% share Endosonics previously owned. The stock was
The CardioVascular Dynamics subsidiary of Endosonics went publiclast month, floating 3.4 million shares priced at $12 each. Endosonicsplans to retain a 49% stake in Irvine, CA-based CVD, down fromthe 84% share Endosonics previously owned. The stock was tradingat about $9 a share last week on the NASDAQ exchange.
CVD develops catheters that are used to treat vascular diseasesand are used in conjunction with angioplasty and other interventionalprocedures like vascular stenting and drug delivery. The companyreceived Food and Drug Administration clearance last month forits Active Response Catheter (ARC) product for percutaneous transluminalcoronary angioplasty (PTCA).
Endosonics, of Pleasanton, CA, said last month that it plansto report second-quarter revenues of about $6.7 million, sharplyhigher than the $4 million posted in the same period last year.The company said it will record a one-time charge of $3 millionrelated to the consolidation of its manufacturing operations andthe start-up of production related to its new Five-64 imagingdevices.
Endosonics also plans to form a new subsidiary, MicroSound, todevelop its miniaturized catheter-based imaging technology. Thecompany has developed a transducer/scanhead that is 1 mm in diameter,although product commercialization is several years away.
Study Reaffirms Low Risk for csPCa with Biopsy Omission After Negative Prostate MRI
December 19th 2024In a new study involving nearly 600 biopsy-naïve men, researchers found that only 4 percent of those with negative prostate MRI had clinically significant prostate cancer after three years of active monitoring.
Study Examines Impact of Deep Learning on Fast MRI Protocols for Knee Pain
December 17th 2024Ten-minute and five-minute knee MRI exams with compressed sequences facilitated by deep learning offered nearly equivalent sensitivity and specificity as an 18-minute conventional MRI knee exam, according to research presented recently at the RSNA conference.
Can Radiomics Bolster Low-Dose CT Prognostic Assessment for High-Risk Lung Adenocarcinoma?
December 16th 2024A CT-based radiomic model offered over 10 percent higher specificity and positive predictive value for high-risk lung adenocarcinoma in comparison to a radiographic model, according to external validation testing in a recent study.
