CTI PET Systems (CPS) and Toshiba Medical Systems have agreed to jointly develop a line of integrated PET/CT systems for Toshiba to distribute in Japan.
The development agreement serves to formalize the collaborative work that has taken place between the two companies for over a year, according to Knoxville, TN-based CTI. It also expands the relationship of the companies under which Toshiba is presently a distributor in Japan for dedicated PET units manufactured by CPS, which is a unit of CTI Molecular Imaging.
Under the agreement, the new PET/CT platform is being designed based on the PET technology of CPS and the CT technology of Toshiba. The first prototype PET/CT developed between CPS and Toshiba was unveiled in Japan at the Congress of the Japan Radiological Society on April 8 this year. CPS and Toshiba anticipate that the new PET/CT will be commercially available during the first half of 2005.
By AuntMinnie.com staff writers
September 8, 2004
Related Reading
Hook leaves PET firm CTI, September 1, 2004
Revenues, income dip at PET firm CTI, August 5, 2004
CTI to report revenue, earnings, July 9, 2004
CTI debuts research unit, will buy Concorde, June 21, 2004
CTI settles GE litigation, June 8, 2004
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