Novadaq acquires surgical camera from Digirad
Article Thumbnail ImageAugust 2, 2013 -- Surgical imaging developer Novadaq Technologies has acquired technology for imaging lymph nodes and surgical margins from nuclear medicine firm Digirad.

To get access to this article and all of the content on AuntMinnie.com, create a free account or sign-in now.

Member Sign In:
  MemberID or E-mail Address:
  Password:
(?)

New AuntMinnie.com Members

Becoming a Member is FREE!

  • Real-time radiology-specific news
  • Case of the Day and Teaching Files
  • Focused topics digital communities
  • Lively, discussion groups
  • Medical imaging bookstore
  • SalaryScan
  • Job Boards
  • Online CME
  • Bookstore, market reports, more …
  • Conference Calendar
  • User-controlled eNewsletters
  • … registration is FREE and easy!
  • Novadaq acquired all the assets related to the Trapper surgical imaging technology, as well as a disposable probe, that was being developed by Digirad. The assets include five patent applications, and Novadaq has been granted an exclusive license to 13 patents already issued for using the technology perioperatively.

    Trapper is a solid-state digital scintigraphy camera under development for use in the operating room during surgery. It's designed to provide surgeons with visual localization of sentinel lymph nodes and tumors in situ immediately prior to surgery, as well as for confirming the success of surgical resection.

    Novadaq will pay Digirad $2 million upfront and up to $1 million in deferred contingent payments based on achieving regulatory and commercial milestones. Novadaq will also pay a royalty on sales.

    Separately, Novadaq announced financial results for its second quarter of 2013 (end-June 30). The company posted sales of $8.1 million, up 50% compared with $5.4 million in the second quarter of 2012. Revenue growth was driven primarily by continued adoption of the company's Spy technology and higher capital system sales.

    The firm posted a net loss of $9.7 million for the most recent quarter, compared with a $1.4 million net loss in the second quarter of 2012.


    || About || Advertising || AuntMinnieCME.com || Bookstore || Breast MRI || Career Center || Case of the Day || Communities || Conferences || Contact Us || ECR News 2014 || Education || Equipment Classifieds || Europe || Facebook || Forums || Home || Links || Marketplace || Middle East || Mobile || Molecular Breast Imaging || New Installations || News in Brief || People in the News || Privacy Policy || RSNA News 2013 || Reference || Salary Survey Results || Trends in Radiology || Twitter || Vendor Connect || Webinars || XML/RSS ||

    Copyright © 2014 AuntMinnie.com. All Rights Reserved.