Medical Devices & Surgical Technology Week
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Business Update
Fischer Imaging reports update on major contracts
April 11th, 2006
Fischer Imaging Corporation (FIMG) announced that it had received last time purchase orders from two major customers. Management also announced it had begun a formal auction process to sell its radiology, electrophysiology and surgical ("RE&S") business. On March 9, 2006, Fischer entered into an amendment to the distributor agreement between Ethicon Endo-Surgery Europe (EES), a subsidiary of Johnson & Johnson, Inc., and Fischer. EES agreed to place a binding order with Fischer for 20 MammoTest tables to be shipped to various locations in Europe. Fischer agreed to deliver the tables no later than May 31, 2006, and agreed to provide applications...
Source: Medical Devices & Surgical Technology Week (2006-04-11)
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