Varian Medical Systems today announced the execution of a three-year, $320 million contract for Varian to supply medical imaging subcomponents to Toshiba Medical Systems for integration into diagnostic imaging equipment for the global market. Orders will be booked over the period of the agreement.
Robert Kluge, Varian's corporate senior vice president, said the contract marks the latest chapter in the company's 30-year relationship with Toshiba Medical Systems.
"Over the years, our two companies have developed a close cooperation at all levels of the business," said Kluge. "We have complementary design engineering and manufacturing capabilities, and work together well to realize new products and improve existing ones."