IMAGING FIRM GOING TO SYNCOR.Byline: Ben Sullivan Daily News Staff Writer Syncor International Corp. said Wednesday that it has agreed to pay $16.8 million for the medical-imaging business of Thousand Oaks-based National Diagnostic Services diagnostic services, n.pl the imaging and laboratory capabilities available for determining the cause of an illness. Inc. NDS See eDirectory. NDS - Netware Directory Services operates medical-imaging centers in California and Kansas to which hospitals and other health care centers send patients for magnetic resonance magnetic resonance, in physics and chemistry, phenomenon produced by simultaneously applying a steady magnetic field and electromagnetic radiation (usually radio waves) to a sample of atoms and then adjusting the frequency of the radiation and the strength of the and other forms of medical imaging. As part of the acquisition, Syncor will get four such centers, which the company said should generate $9 million in revenue for it in 1998. Syncor had $422 million in revenue in 1996, the most recent annual results available. Syncor is paying $12 million cash and assuming $4.8 million worth of NDS debt for the purchase. Syncor said it plans to make further acquisitions of medical-imaging businesses in the southern and western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century this quarter. In addition to managing medical-imaging centers, Syncor, through its pharmaceutical subsidiary, produces iodine capsules used in diagnosis of thyroid disease thyroid disease Thyroid disorder Endocrinology Any benign or malignant condition that affects the structure or function of the thyroid gland. See Anaplastic carcinoma of thyroid, Chronic thyroiditis–Hashimoto's disease, Hyperthyroidism, Hypoparathyroidism, . Syncor shares fell 75 cents Wednesday to $15.62. |
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