Radiology Business April 30, 2024
Mammography system maker Hologic Inc. announced Monday it is acquiring a rival breast care company for $310 million—1 of 3 recent radiology vendor M&A deals in the last week.
The agreement is with Endomag, a developer of breast surgery localization and lymphatic tracing technologies. Based in Cambridge, U.K., the company generated about $35 million in revenue last year.
“Endomag’s suite of solutions complements our existing breast surgery portfolio and will provide surgeons and radiologists with an expanded range of options to meet the individual needs of more patients undergoing critical breast cancer procedures,” Erik Anderson, president of breast and skeletal health solutions at Hologic, said in an April 29 statement.
Products now joining the Hologic brand will include the Magseed...
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