Growth in medical imaging procedure volume worldwide helped contribute to strong financial results from Nycomed Amersham Imaging in the first half of the year. The Nycomed unit contributed $560.5 million (U.S.), a gain of 8% over the prior year, with operating profit of $138.8 million, up 19%. In April, Nycomed Amersham reorganized its imaging operations into two businesses, medical diagnostics and therapy products.
In its x-ray business, Nycomed reported particularly strong growth in the U.S., with sales of $116.3 million, up 9% over the previous period. Worldwide, Nycomed generated x-ray contrast sales of $188.1 million, a gain of 5% over the previous year. Sales of the firm’s Visipaque agent grew 14% to $41.3 million. While price pressure in the x-ray contrast sector is evident in some European markets, this has been offset by volume growth and some increases in other sectors, according to the London-based firm.
In MRI, revenues grew 8% to $44.5 million, with sales of Nycomed Amersham's Omniscan agent up 12% to $43.8 million. The vendor’s radiopharmaceutical business grew 10% to $213.2 million. This growth was driven largely by the firm’s Myoview cardiac agent, which gained 31% to $55 million.
By AuntMinnie.com staff writers
August 8, 2000
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