US-based Vital Images, a provider of visualization and analysis software, and Toshiba Medical Systems have signed a co-development and collaboration agreement in which they will enter into a mutual license of intellectual property and will jointly invest to develop and deliver innovative technology advancements for Toshiba’s modalities, including the Aquilion One CT scanner, and Vital’s advanced visualization software systems.
The companies recently announced the renewal of their distribution agreement, which has been extended until 2013. The lengthened term of the new contract, complemented by the co-development and collaboration agreement, is expected to enable the companies to jointly drive new technology and closely collaborate in developing and launching advanced visualization solutions for medical imaging.
Vikram Simha, chief technology officer at Vital Images, said: We have had a close working relationship with Toshiba on Vitrea fX and Aquilion ONE for the past few years. However, this agreement establishes a new development framework enabling our companies to more rapidly create innovations, intellectual property and next-generation technologies for all Toshiba modalities.
Yasuo Nobuta, general manager of CT Division for Toshiba Medical Systems, said: Toshiba believes that the new agreements recently signed with Vital Images for distribution and development will continue to enhance and extend our strategic partnership with Vital Images. These agreements will help us achieve our joint goal to deliver unique clinical capabilities leveraging industry-leading technology from both Toshiba and Vital Images.