Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last €74.98 EUR
Change Today +0.97 / 1.32%
Volume 0.0
VNM On Other Exchanges
New York
As of 4:02 AM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

varian medical systems inc (VNM) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/16/15 - €89.87
52 Week Low
10/15/14 - €59.56
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

varian medical systems inc (VNM) Related Businessweek News

View More BusinessWeek News

varian medical systems inc (VNM) Details

Varian Medical Systems, Inc. designs, manufactures, sells, and services medical devices and software products for treating cancer and other medical conditions in the United States. The company operates in two segments, Oncology Systems and Imaging Components. The Oncology Systems segment provides hardware and software products for treating cancer with radiotherapy, stereotactic radiotherapy, stereotactic body radiotherapy, stereotactic radiosurgery, and brachytherapy. Its products include linear accelerators, brachytherapy afterloaders, treatment simulation and verification equipment, and accessories; and information management, treatment planning, and image processing software. This segment serves university research and community hospitals, private and governmental institutions, healthcare agencies, physicians’ offices, and cancer care clinics. The Imaging Components segment provides X-ray imaging components to large imaging system original equipment manufacturers (OEMs) for use in radiographic or fluoroscopic imaging, mammography, special procedures, computed tomography, and industrial applications; and X-ray tubes and flat panel digital image detectors to small OEMs, independent service companies, and end-users for filmless X-ray imaging. This segment also offers Linatron X-ray accelerators, imaging processing software, and image detection products for security and inspection purposes, such as cargo screening at ports and borders, and nondestructive examination in various applications. Varian Medical Systems, Inc. also provides products and systems for delivering proton therapy; and develops various technologies in the areas of digital X-ray imaging, volumetric and functional imaging, and improved X-ray sources. The company was formerly known as Varian Associates, Inc. and changed its name to Varian Medical Systems, Inc. in April 1999. Varian Medical Systems, Inc. was founded in 1948 and is headquartered in Palo Alto, California.

6,800 Employees
Last Reported Date: 11/25/14
Founded in 1948

varian medical systems inc (VNM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $934.6K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $587.0K
Executive Vice President and President of Onc...
Total Annual Compensation: $567.0K
Senior Vice President and President of Imagin...
Total Annual Compensation: $513.8K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $429.9K
Compensation as of Fiscal Year 2014.

varian medical systems inc (VNM) Key Developments

Varian Medical Systems to Equip Inova with Integrated Technology for Radiotherapy, Radiosurgery, and Informatics

Varian Medical Systems announced that it has entered into a multi-year agreement with Inova to be its exclusive supplier of advanced technology for image-guided, high-precision radiotherapy and radiosurgery. Inova, a not-for-profit healthcare system operating five hospitals in Northern Virginia, will also install Varian software across its sites, as part of a long-term plan to create an integrated informatics system and to unify cancer care across its network. Under the agreement, Inova will acquire multiple Varian TrueBeam® radiotherapy/radiosurgery systems over nine years, with initial replacements at Inova's Alexandria and Loudoun Hospitals. TrueBeam technology offers clinicians tremendous versatility in choosing and administering different types of radiation treatment for each patient as appropriate, from intensity-modulated radiotherapy to stereotactic radiosurgery. These treatments can be delivered with greater time efficiency and hence cost effectiveness than is possible with many other radiotherapy systems. Inova will also expand its deployment of Varian's ARIA® information management and Eclipse treatment planning software, currently in use at two of the five sites, across the Inova network, and add Varian's new InSightive software for data analytics. Inova will also deploy Varian's InSightive software for data analytics, which will enable clinicians and administrators to mine the enormous amount of data housed within the ARIA oncology information system database. The total value of the multi-year agreement is estimated at $25 million inclusive of products and services, such as turnkey hardware and software support. Varian booked approximately $4 million of this amount during the third quarter of fiscal year 2015. The remainder of the order will be booked in accordance with the company's policies over the term of the agreement.

William Beaumont Hospital and Elekta Ltd. File Patent Lawsuit Against Varian Medical Systems, Inc

On June 16, 2015, William Beaumont Hospital and Elekta Ltd. filed a patent infringement suit against Varian Medical Systems, Inc. in the United States District Court for the Eastern District of Michigan. The patents in suit are owned by William Beaumont Hospital and exclusively licensed to Elekta Ltd. The suit charges that Varian's True Beam linear accelerator infringes the patents.

Varian Medical Systems Establishes Local Entity in Saudi Arabia to Support Expansion in Middle East

Varian Medical Systems announced it is expanding in the Middle East with the creation of a strategic operating entity in Saudi Arabia. Varian Medical Systems Arabia, the result of a joint venture with El Seif Development Group, was officially launched at a ceremony attended by local dignitaries and Varian's chief executive officer Dow Wilson.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
VNM:GR €74.98 EUR +0.97

VNM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
DENTSPLY International Inc $51.33 USD -1.00
MEDNAX Inc $74.08 USD -0.99
Mettler-Toledo International Inc $339.00 USD -4.12
ResMed Inc $55.44 USD -0.45
Cooper Cos Inc/The $176.75 USD -2.13
View Industry Companies

Industry Analysis


Industry Average

Valuation VNM Industry Range
Price/Earnings 21.3x
Price/Sales 2.8x
Price/Book 5.1x
Price/Cash Flow 20.6x
TEV/Sales 2.3x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact VARIAN MEDICAL SYSTEMS INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at