10.09.2012 – Scanco Medical AG and b-cube AG are pleased to announce that the two companies have entered negotiations for Scanco Medical to acquire b-cube in mutual agreement. Scanco Medical (www.scanco.ch) is a company that specializes in the development of state-of-the-art micro-computed tomography systems and b-cube (www.b-cube.ch) is an innovative service provider focused on high-resolution imaging and 3D analysis of porous and composite structures, such as bone, biomaterials and implants. With this acquisition, the two companies expect that b-cube’s products can be further enhanced with higher efficiency and a significant increase in the market share.
NORTHRIDGE, CA— October 4, 2012—Judge Victoria Kaufman of the U.S.Bankruptcy Court for the Central District of California (San Fernando ValleyDivision) approved Gamma Medica Inc.’s $1.5 million debtor in-possession (“DIP”) financing on a final basis yesterday, as part of its Chapter 11 restructuring. This DIP financing order provides the molecular breast imaging (MBI) manufacturer with sufficient financing to pursue a reorganization or asset sale. “Gamma Medica’s LumaGEM® Molecular Breast Imaging System is already in the market and is very promising,” said recently named CEO Jim Calandra. “We also have industry leading preclinical imaging products. We plan on being sure our tools are in the hands of researchers and radiologists working in women’s imaging.”