- AI
- Molecular Imaging
- CT
- X-Ray
- Ultrasound
- MRI
- Facility Management
- Mammography
Imatron posts record Q4 results
Imatron, a South San Francisco, CA-based diagnostic imaging company that creates electron beam tomography heart scanners, posted the highest profits in the company’s history at the end of 1999. Imatron made a revenue gain of $7 million in 1999 over
Imatron, a South San Francisco, CA-based diagnostic imaging company that creates electron beam tomography heart scanners, posted the highest profits in the companys history at the end of 1999. Imatron made a revenue gain of $7 million in 1999 over the previous year, netting $37.5 million compared to $30.7 million in 1998. Net loss was $6.6 million for the 1999 fiscal year, compared to a net loss of $14.8 million for the prior year. Revenues from continuing operations in the fourth quarter of 1999 increased by 58% to $12.9 million compared to revenues of $8.2 million for the fourth quarter of 1998.
These figures do not include business produced by HeartScan Imaging, a program that enabled customers to visit a clinic and receive a heart scan using the companys Ultrafast CT scanners. Imatron sold this unprofitable subsidiary in November 1999.
The company attributes its financial high to selling a record seven scanners during the fourth quarter and 19 for the year. This is compared with sales of four scanners in the fourth quarter of 1998 and 15 for that year. In addition, the company increased its manufacturing capacity.
Imatron is confident sales will continue to surge because peer-reviewed journal articles support both coronary artery scanning and electron beam angiography, applications of the companys proprietary electron beam tomography technology that were recently cleared by the FDA.
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.
