Varian Medical Systems (Varian or VMS) claims to be the world's leading designer and manufacturer of equipment and software products for treating cancer and other medical conditions with radiotherapy, stereotactic radiosurgery and brachytherapy. The company is also one of the top suppliers of proton therapy solutions. In addition, Varian designs, manufactures, sells and services X-ray tubes for original equipment manufacturers (OEMs); replacement X-ray tubes; and flat panel digital image detectors for filmless X-ray imaging for use in medical, dental, veterinary, scientific and industrial applications. Furthermore, VMS designs and manufactures linear accelerators, digital image detectors, image processing software and image detection products for security and inspection purposes.
The Varian Medical Systems Medical Device Company Report provides a full review of the company's medical device activities, from its origins to its latest corporate activity, including mergers and acquisitions, agreements, divestitures and litigation. Sections are also included on products, corporate strategy and R&D.
Whatever your interest or involvement, evaluating the performance, success, failures and developments of medical companies is critical. Espicom’s Medical Device Company Reports have been regularly published for over 20 years, and these critically acclaimed and respected management reports provide a complete review of leading players in the field.
Evaluate competitive threats Maximise product and market opportunities Identify collaborators and strategic partners Understand the operating market environment Benchmark your performance against competitors Coverage Overview
Key contact information Introduction to Varian Medical Systems and its current activities Summary of its financial performance Key recent events in an “at a glance” format Strategic Focus
The company’s aims and its areas of focus Financial Review
Current year and annual financial data, including revenue breakdowns by product area and geographic region (if available) Table providing in-depth five-year financial analysis Employee data, including breakdown by company division and geographic location Product Overview
Core product areas, key brands, product approvals and launches Identifies the company’s major competitors Research and Development
How much has been invested in R&D? Where is the research based? What alliances and agreements does Varian Medical Systems have and with whom? Manufacturing and Distribution
Identifying the company’s manufacturing locations Sales and marketing facilities Agreements
With whom has Varian Medical Systems reached agreements and what do they involve? Key contracts awarded Mergers and Acquisitions
Varian Medical Device Company Intelligence Report OVERVIEW 1 STRATEGIC FOCUS 3 Innovate 3 Globalisation 3 Growing Software and Services 4 Commercialise Protons 5 Operational Excellence 5 Espicom View 5 FINANCIAL REVIEW 6 Fiscal Year 2012 Financial Results 6 Oncology Systems 8 X-Ray Products 10 Other 11 Five-Year Financial Data 12 Outlook 13 Employees 13 PRODUCTS 14 Oncology Systems 15 Competition 15 Linear Accelerators 16 Treatment Planning and Information Management Software 17 Simulators 18 Brachytherapy 18 X-ray Products 18 Competition 19 Other Products 20 Particle Therapy 20 Competition 21 RESEARCH AND DEVELOPMENT 22 RandD Expenditure 22 RandD Activities 22 Ginzton Technology Center 22 BioSynergy 23 Oncology Systems 23 Oncology Systems RandD Agreements 23 Paul Scherrer Institute (PSI) 23 Siemens Healthcare 24 IMRIS 24 X-ray Products 24 Particle Therapy 25 Research Projects 25 Tracking Prostate Motion During Arc Radiotherapy 25 Studies and Trials 25 ACOSOG Z4099/RTOG1021 25 Improved Survival Rates for Early-Stage Lung Cancer Patients Using SABR 26 RTOG 0631 Study of Image-Guided Stereotactic Radiosurgery for Spine Metastases 27 Study Using RapidArc Radiotherapy To Treat Patients With Blood Cancers 27 MANUFACTURING AND DISTRIBUTION 29 Manufacturing 29 Distribution 29 AGREEMENTS 31 Siemens Healthcare 31 CIVCO 32 Auckland UniServices 32 Cancer Research UK and Cancer Research Technology 33 ScandiDos 33 Toshiba Medical Systems 34 Brainlab 34 Krishna Institute of Medical Sciences and GE Healthcare 34 RaySearch Laboratories 34 Impac Software 35 Siloam Hospitals Group 35 GE Healthcare 35 MERGERS AND ACQUISITIONS 40 InfiMed 40 Calypso Medical Technologies 40 Unidentified Company 40 IKOEmed and IKOEtech 40 MINORITY INVESTMENTS 42 Augmenix 42 Brainlab 42 dpiX Holding 42 LITIGATION 44 Brain Life 44 Elekta 44 University of Pittsburgh 44 KEY CORPORATE EVENTS 45
List of Tables
Recent Key Events 3 Varian Medical Systems- Annual Financial Results, Fiscal Years 2008-2012 7 Varian Medical Systems - Annual Revenues by Geographic Region, Fiscal Years 2008-2012 8 Varian Medical Systems- Oncology Systems Annual Financial Summary, Fiscal Years 2008-2012 9 Varian Medical Systems - X-Ray Products Annual Financial Summary, Fiscal Years 2008-2012 11 Varian Medical Systems - Other Annual Financial Summary, Fiscal Years 2008-2012 12 Varian Medical Systems - Five-Year Financial Summary 13 Varian Medical Systems - Employee Numbers, 2008-2012 14 Varian - Annual RandD Expenditure, Fiscal Years 2008-2012 23 Varian - Principal Manufacturing Locations and Activities, FY2013 30 Agreements Summary 32 Varian - Recent Selected Contract Activity 37 Mergers and Acquisitions Summary 41 Varian - Key Corporate Events 46
List of Charts
Varian Medical Systems - Sales Growth in BRIC-AT Region, Fiscal Years 2008-2012 5 Varian Medical Systems - Annual Revenues and Operating Income, Fiscal Years 2008-2012 7 Varian Medical Systems- Annual Revenues by Geographic Region, Fiscal Years 2008-2012 9 Varian Oncology Systems - Annual Revenue and Operating Income, Fiscal Years 2008-2012 10 Varian X-Ray Products - Annual Revenue and Operating Income, Fiscal Years 2008-2012 11 Varian Other - Annual Revenue and Operating Income, Fiscal Years 2008-2012 12 Varian Medical Systems - Revenues by Product Area, Fiscal Years 2008-2012 15 Varian Medical Systems - FY2012 Revenues by Product Area (%) 15 Varian Medical Systems - Oncology Systems Revenues, Fiscal Years 2008-2012 16 Varian Medical Systems - X-ray Products Revenues, Fiscal Years 2008-2012 20