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Former Bristol-Myers Unit Is Now Lantheus Medical Imaging

by Barbara Kram, Editor | March 26, 2008
A new name and new
senior management team
In January, Avista Capital Partners, a leading private equity firm, bought Bristol-Myers Squibb's Medical Imaging business unit for approximately $525 million. Now Avista has announced that the unit, a leading supplier of medical imaging products for nuclear and ultrasound cardiovascular diagnostic imaging procedures, is named Lantheus Medical Imaging. A new executive team has also been appointed.

Bristol-Myers Squibb Medical Imaging was widely recognized as a pioneer in pharmaceutical products and medical imaging agents, and for strong technical manufacturing expertise. The business also enjoys exceptional brands, a cutting-edge research and development facility, promising pipeline, and a knowledgeable sales force to boost Avista's portfolio, the company said.

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