Elscint sells ultrasound business
This article was originally published in Clinica
Executive Summary
Elscint (Israel) is to sell its ultrasound business, comprising Elscintec Systems and Ausonics International, to Elbit Ultrasound. Elscint's ultrasound systems, which are marketed primarily through Elbit, account for less than 5% of annual sales. Jonathan Adereth, president and CEO of Elscint, says the company plans to focus on its three major medical imaging modalities - CT, MRI and nuclear medicine.