Business

Varian Medical Systems Spin-Off: What To Do?

Varian Medical Systems (NYSE:VAR) spin-off is getting closer to completion. The company has filed its separation and distribution agreement which you can find here. The filing still doesn’t give details into exactly what the distribution ratio will look like. The spin-off is planned to be a tax-free distribution. I expect it to be completed in the first quarter of 2017. The new company name will be Varex Imaging.

Read more here.

 

ECRI issues its annual list of the top health technology hazards

Every year, ECRI Institute’s Health Device Group issues a list identifying the top ten potential device-related sources of danger in the coming year. Along with the list, accompanying strategies for mitigating the various trouble-areas are also included.

Read more here.

GE Healthcare Announces Terms of Software Non-Resale

On July 13, 2016, GE Healthcare sent a letter to IAMERS, which we understand was also sent to others who are brokers and resellers of GE Healthcare Medical Imaging Devices.  This letter details GE Healthcare’s policy on the Terms of Software Non-Resale.

Click here to read the letter.

GE asks third-parties to stop selling CT and MR with sub-licensed software on them

GE Healthcare wants brokers and re-sellers of its medical equipment to be aware that not all the software on its CT or MR systems can necessarily be bundled into the sale of the equipment itself.

Read more here.

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