BEI Electronics to spin off medical business?
This article was originally published in Clinica
BEI Electronics is considering separating its medical business from its other, unrelated activities in order to obtain new financing for the medical unit. Subject to board approval, the creation of two independent companies is set to go ahead, says Charles Crocker, chairman, president and CEO of BEI. The company's medical division, based in San Francisco, California, focuses on gynaecology and women's health.