3 medical device service firms form Innovatus Imaging

A new company, Innovatus Imaging, has formed through the combination of three national medical device service and manufacturing firms: Bayer Multi Vendor Service (MVS) of Pittsburgh, MedTech of Denver, and Wetsco of Tulsa, OK.

MVS provides ultrasound probes, MR coils, computed radiography (CR) readers, dry film printers, and digital radiography retrofit devices. MedTech designs and manufactures medical ultrasound products for the OEM, third-party repair, and research markets, and Wetsco is an ultrasound probe repair provider.

Wetsco's Dennis Wulf will serve as CEO of Innovatus Imaging, while Bill Kollitz of Bayer Multi Vendor Service will serve as its chief operating officer and Michael LaBree of MedTech as its chief technology officer. Innovatus Imaging will be headquartered in Pittsburgh.

The new firm has reached an agreement to acquire the European operations of MVS, which are based in Maastricht, the Netherlands, in a transaction that is expected to close by March 31, 2018. In the meantime, Innovatus Imaging will serve European customers through a transitional service agreement with Bayer, it said.

Page 1 of 3
Next Page