DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
Current Location:
> This Story

Log in or Register to rate this News Story
Forward Printable StoryPrint Comment



Business Affairs Homepage

CIVCO Radiotherapy and Adaptiiv ink distribution deal Partnership will increase access to software that personalizes radiotherapy

BWXT to acquire Sotera Health’s Nordion medical isotope business $150M in capital expenditures expected this year

Four ways to attract prospective patients online Helping care seekers get from Google to your facility

With NVIDIA, Canon brings deep learning to its VNA Combining Abierto VNA data with DGX analytics

Physicians should be granted immunity to malpractice lawsuits, says study Recorded a 13 percent decline in adverse events over four years

FDA okays AI-driven device to identify diabetic retinopathy 'A historic moment' toward the future of healthcare

Study finds majority of U.S. radiologists practice as generalists Bringing new clarity to the composition of the imaging workforce

Fujifilm enters the US minimally-invasive surgery market Its new Boston-based business launched new products

Siemens selects SAS IoT analytics to manage data from its global install base Aims to maximize uptime for CT, MR and other systems

Premier Imaging Ventures is now LucidHealth Rebranded to reflect company's vision for the future of radiology

Trophon system courtesy of GE Healthcare

Nanosonics, GE Healthcare extend relationship on probe disinfectant

by Thomas Dworetzky , Contributing Reporter
Australia-based Nanosonics has announced that it has entered into a new capital reseller deal with GE Healthcare to go into effect when the present distribution arrangement ends.

The deal is for three years and is set to start July 1, 2019, the company said in a statement.

Story Continues Below Advertisement

New & Refurbished C-Arm Systems. Call 702.384.0085 Today!

KenQuest provides all major brands of surgical c-arms (new and refurbished) and carries a large inventory for purchase or rent. With over 20 years in the medical equipment business we can help you fulfill your equipment needs

It gives GE customers ongoing access to trophon, an ultrasound probe disinfection system, through GE's North American ultrasound sales channel.

The two companies have also introduced “a framework” to assess new opportunities as they develop.

“The trophon technology is clearly well advanced in establishing itself as standard of care in North America,” said president & CEO Michael Kavanagh. “This is a great testimony not only to the excellent value proposition of the technology but also the excellent support GE Healthcare has provided as a leader in ultrasound solutions over the last six years.

“We very much welcome the opportunity to continue our relationship with GE beyond the existing agreement as we continue to further establish trophon as standard of care not only in North America but across international markets,” he added.

The company began in 2001 and is headquartered in Sydney, Australia, according to its website.

Nanosonics shares jumped about 14 percent, according to the company site, when news of the deal hit.

The company was first listed on the Australian Securities Exchange in 2007.

Its trophon ultrasound transducer disinfecting system got clearance from the FDA in 2011 and is sold in the U.S., Canada and Europe.

Because the system reduces the time needed for disinfection, more patients can be scanned. It is situated in the same room as the ultrasound device, according to the company.

The company also issued its 2017 full year financial results. It had sales of $67.5 million, up 58 percent year-on-year from $42.8 million.

Operating profit before tax was $13.9 million, up from a year-ago $136,000. Free cash flow was $15.1 million, up from the year-ago $1.9 million. The company has cash reserves of $63 million.

In North America its installed base rose 42 percent, or up 3,700 units, to about 12,400 by the end of June. The global installed base is now above 14,100 units.

The 2017 financial year was a big boost for the firm. “Record sales and profit results were achieved, the installed base of trophon grew strongly and market fundamentals continued to strengthen internationally with the introduction of a new series of guidelines,” said Kavanagh.

Back to HCB News
  Pages: 1

Business Affairs Homepage

You Must Be Logged In To Post A Comment

Increase Your
Brand Awareness
Auctions + Private Sales
Get The
Best Price
Buy Equipment/Parts
Find The
Lowest Price
Daily News
Read The
Latest News
Browse All
DOTmed Users
Ethics on DOTmed
View Our
Ethics Program
Gold Parts Vendor Program
Receive PH
Gold Service Dealer Program
Receive RFP/PS
Healthcare Providers
See all
HCP Tools
A Job
Parts Hunter +EasyPay
Get Parts
Recently Certified
View Recently
Certified Users
Recently Rated
View Recently
Certified Users
Rental Central
Rent Equipment
For Less
Sell Equipment/Parts
Get The
Most Money
Service Technicians Forum
Find Help
And Advice
Simple RFP
Get Equipment
Virtual Trade Show
Find Service
For Equipment
Access and use of this site is subject to the terms and conditions of our LEGAL NOTICE & PRIVACY NOTICE
Property of and Proprietary to, Inc. Copyright ©2001-2018, Inc.