February 25, 2018 11:54 AM ET

Health Care Technology

Company Overview of UltraSPECT Ltd.

Company Overview

UltraSPECT Ltd. provides nuclear medicine imaging reconstruction products that enhance the performance of nuclear medicine gamma cameras and PET scanners. The company offers Xpress.Cardiac for half-time and half-dose cardiac imaging; Xpress3.Cardiac, a three-minute myocardial perfusion SPECT; and Xpress/Xact.Bone for image quality and diagnostic certainty. It serves hospitals and clinics, as well as NM imaging centers in the United States, Europe, Asia, and Australia. UltraSPECT Ltd. was formerly known as UCG Technologies Ltd. The company was founded in 1999 and is based in Raanana, Israel with an additional office in Auburndale, Massachusetts.

Beit Bonei Binyan

2a Hamelacha Street

3rd Floor

P.O. Box 4184

Raanana,  4365704


Founded in 1999


972 9 832 6222


972 9 832 6222

Key Executives for UltraSPECT Ltd.

Chief Executive Officer and President
Age: 62
Director of R&D
Compensation as of Fiscal Year 2017.

UltraSPECT Ltd. Key Developments

RWJPE Leverages UltraSPECT Low-Dose Imaging Technology at 4 Locations

UltraSPECT reported that Robert Wood Johnson Physician Enterprise (RWJPE), a multi-specialty, community-based physician group in Central New Jersey, implemented UltraSPECT's Xpress3.Cardiac solution at four of their sites: Cardiology Associates of New Brunswick in New Brunswick, NJ; Heart Specialists of Edison in Edison, NJ; and New Brunswick Cardiology Group in their offices in Somerset, NJ and Monroe, NJ. The software will benefit patient safety by reducing the dosage of injected radiopharmaceuticals, while lowering the radiation exposure for patients and nuclear staff alike. In addition, the technology saves valuable time for patients and staff, as it can produce the same high-quality SPECT images in less time than is typically required during standard exams. Torres also notes that the radiation exposure numbers on staff's monthly dosimetry reports have been steadily going down after the UltraSPECT implementation. This is due to both reduced scan time and reduced doses needed for imaging tests. All four installations are part of RWJPE's radiopharmaceutical supply agreement with Nuclear Diagnostic Products (NDP). NDP delivers diagnostic and therapeutic radiopharmaceuticals to its customers and offers UltraSPECT products to facilities looking for a solution to achieve faster and safer imaging while enhancing their diagnostic capabilities.

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Recent Private Companies Transactions

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