Eckert & Ziegler, IBt consolidate brachytherapy units

AuntMinnie.com staff writers

Feb 18, 2008

Radiotherapy and radioisotope developer Eckert & Ziegler Isotope Products of Berlin has signed a letter of intent with Belgian medical device company International Brachytherapy (IBt) to consolidate their respective implant businesses.

Eckert & Ziegler will transfer the shares of its subsidiary Eckert & Ziegler BEBIG, which includes the implant business, to IBt. The agreement also gives IBt the option to later purchase the remainder of Eckert & Ziegler's therapy business.

Eckert & Ziegler's implant business in 2007 had revenues of approximately 10 million euros ($14.6 million U.S.) in 2007.

Related Reading

Eckert & Ziegler launch new gallium generator, November 13, 2007

Eckert & Ziegler ends deal with RadQual, March 15, 2007

Eckert & Ziegler notch Venezuelan order, January 4, 2007

Eckert & Ziegler show Q3 uptick, November 8, 2006

Copyright © 2008 AuntMinnie.com

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