Radiology Business July 26, 2024
Hologic Inc. has finalized its acquisition of a rival breast care company for $310 million, the Marlborough, Massachusetts, mammography system-maker announced Thursday.
Endomagnetics Ltd. is a developer of breast surgery localization and lymphatic tracing technologies. Based in Cambridge, U.K., the private company generated about $35 million in revenue last year.
“With our shared commitment to advancing women’s health globally, we are excited to improve outcomes for patients and, together with our customers, redefine the standard of care for breast cancer intervention,” Erik Anderson, president of Breast and Skeletal Health Solutions at publicly traded Hologic, said in a July 25 announcement.
Products joining the Hologic brand include the Magseed marker for magnetic tissue localization before surgery. Endomag also offers the Magtrace...
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