
The latest news and all things MEDRAD.
MEDRAD announced the signing of an exclusive distribution agreement to distribute Abbott Point of Care Inc.'s i-STAT System Portable Blood Analyzer to radiology departments. Read more details of the agreement >>
MEDRAD's sales revenues grew to $525 million in 2007, a 10 percent increase over 2006. More information >>
Leverkusen, Germany, / Minneapolis, MN, USA, February 11, 2008 – Bayer HealthCare affiliate MEDRAD, Inc., Warrendale, PA and Possis Medical, Inc., Minneapolis, MN, (Nasdaq: POSS), announced today that they have entered into a definitive merger agreement pursuant to which MEDRAD will acquire Possis Medical in a cash tender offer for US$ 19.50 per share, or a total equity value of approximately US$ 361 million.

MEDRAD announced the manufacture and delivery of the 10,000th Mark V ProVis® Angiography Injection System, which is used worldwide for live imaging during therapeutic interventions and diagnostic angiography procedures.
MEDRAD announced its support for a breast MRI curriculum with an educational grant to the International Center for Postgraduate Medical Education (ICPME). The curriculum provided for continuing medical education to help participants meet the challenges of building a comprehensive breast MRI practice.
The new 120,000 square foot MEDRAD Saxonburg manfacturing plant will increase capacity for making sterile disposables used for MEDRAD products throughout the world.
MEDRAD's Heilman Center has been awarded the Best Plant Award by IndustryWeek Magazine for 2007 for efforts to increase competitiveness, enhance customer satisfaction and create stimulating and rewarding work environments. Employees at the plant manufacture electronic fluid delivery systems that enhance cardiovascular (CV), Computerized Tomography (CT) and Magnetic Resonance (MR) diagnostic scanning and MR coils and accessories used in medical imaging. More details >>
MEDRAD displayed future concepts still on the drawing board at RSNA 2007. This unprecendented glimpse at the future of CT contrast injection was available in the MEDRAD booth 8513 North Hall from November 25-29 in Chicago. Read the full details >>
MEDRAD Stellant and technology are featured in this article by Nancy Zacks in Cardiovascular Business, October-November 2007 edition.
MEDRAD
has been recognized by the Premier healthcare alliance as a winner of the 2007
Pinnacle Award for supplier performance that meets and exceeds the expectations
of Premier and its members.
Download high-resolution product photos in Press Kits or general corporate photos in the MEDRAD photo gallery
MEDRAD engineers make news in this article about innovation in patient safety from Future Technology.
Read MEDRAD Engineers Improve Patient Safety through Innovation >> ![]()
MEDRAD's Performance. For life. Video
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