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In Brief: Picker International

This article was originally published in The Gray Sheet

Executive Summary

Picker International: Acquires Milwaukee-based Scinticor, manufacturer of the SIM-400 First-Pass cardiac imaging system, for an undisclosed amount. The SIM-400 is the only non-invasive, multi-crystal gamma camera available for medical stress first-pass cardiac imaging procedures. Picker plans to close Scinticor's sole facility in Milwaukee and transfer its manufacturing and distribution services to Picker's Cleveland-based nuclear medicine division. Company officials expect to retain 27 of the 35 Scinticor employees, a plan that includes the integration of the Scinticor sales force into Picker's 200 member domestic sales unit. Scinticor has annual sales of about $6 mil., Picker says...

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