iCAD, Inc. (ICAD) and Invivo Enter Global Strategic Agreement to Deliver MRI Solutions Across the Globe
Invivo, a Philips Healthcare Business and global leader in MRI technology, and iCAD, a prominent supplier of advanced imaging and radiation therapy technologies used in cancer detection and treatment, announced the development of a global research, development, and commercial agreement between the two companies. The agreement stipulates that iCAD will develop advanced MRI image analysis software products which will be integrated into Invivo’s portfolio of MRI product solutions for global commercial sale. The first products of the collaboration are expected to be available in Q2 2013. Next generation prostate and breast imaging will serve as the primary focus in the…