1. Volcano sets sights on OCT market with CardioSpectra

    Ophthalmology has been the dominant commercial application for optical coherence tomography (OCT) for the past decade, but Volcano (San Diego, CA), a leading provider of intravascular-ultrasound (IVUS) and functional-measurement products for diagnosing and treating vascular and structural heart disease, is looking to change that with the addition of Fourier-domain OCT to its product-development portfolio. The company announced in mid-December that it would pay $25 million cash to acquire CardioS
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