Spectrum Dynamics Medical

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Spectrum Dynamics Medical - overview

Established

2005

Location

Morges, -, Switzerland

Primary Industry

Medical Devices & Equipment

About

Spectrum Dynamics Medical, based in Morges, Switzerland, specializes in advanced nuclear imaging technologies, focusing on digital SPECT solutions that enhance diagnostic imaging capabilities for healthcare providers. Spectrum Dynamics Medical was founded in 2005 in Morges, Switzerland. The company operates in the field of nuclear imaging technology, providing specialized solutions for hospitals and clinics. In May 2013, the company was acquired by Biosensors International Group, Ltd.


for USD 51. 13 mn. Richard McDonald serves as the CEO, leading the company in its strategic initiatives. Spectrum Dynamics specializes in advanced nuclear imaging technology, primarily focusing on digital SPECT (Single Photon Emission Computed Tomography) solutions.


Their flagship products include the D-SPECT series and the VERITON-CT series, utilizing CZT (Cadmium Zinc Telluride) solid-state detectors. These systems enhance myocardial perfusion imaging, allowing rapid scans, such as a scan completed in as little as two minutes, while providing superior diagnostic capabilities through features like dynamic imaging and emission-based attenuation correction. Their products cater to hospitals, clinics, and cardiology centers across North America, Europe, and parts of Asia, addressing the clinical needs of nuclear medicine departments with high-definition imaging technology. Spectrum Dynamics generates revenue through the sale of its specialized imaging systems, which are sold directly to healthcare institutions.


The company engages in B2B transactions, forming partnerships with hospitals and clinics to provide state-of-the-art nuclear imaging solutions. Their revenue model revolves around the sale of equipment, such as the D-SPECT series and VERITON-CT series, along with potential ongoing maintenance and service agreements. Specific pricing details are not disclosed, but transactions reflect significant capital investment from clients. Spectrum Dynamics Medical plans to utilize its recent funding from the acquisition by Biosensors International Group to support product development and expansion strategies.


They aim to expand their product line with new advancements in imaging technology and explore new markets in Asia and Europe by the end of 2024. The recent funding will facilitate these initiatives, enhancing their capabilities in nuclear medicine and promoting their innovative imaging solutions to a broader client base.


Current Investors

Biosensors International Group, Ltd. , Oriental Fortune Capital, Jiaozi Capital

Primary Industry

Medical Devices & Equipment

Sub Industries

Medical Devices & Equipment

Website

www.spectrum-dynamics.com

Total Amount Raised

Subscriber access only

Spectrum Dynamics Medical - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSpectrum Dynamics Medical-

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