Novadaq Contracts for European Distribution with Kodak

Novadaq Technologies, Inc. (Toronto, Canada), a developer of medical imaging systems for the operating room, has signed an agreement with Eastman Kodak Co. (Rochester, NY, USA), authorizing Kodak to be the sole European and emerging-markets distributor of Novadaq's Spy intra-operative imaging system, which enables cardiac surgeons to visually assess coronary vasculature and bypass graft functionality during the course of open-heart surgery.

Under the agreement, Kodak will sell Novadaq's Spy system directly and through dealers to healthcare providers across Europe and emerging markets. "Cardiac surgeons have seen the significant benefits the Spy system provides during cardiac surgery, including coronary artery bypass graft surgery, which is one of the most challenging surgeries performed,” said Dr. Arun Menawat, president and CEO of Novadaq Technologies, Inc. "With Kodak's worldwide presence in the medical imaging market, we expect to see a successful rollout of the Spy system in Europe and emerging markets just as we have in the U.S.”

"Kodak has strong relationships with physicians and hospitals throughout the world and an experienced and knowledgeable sales force that healthcare providers trust,” said Gordon Moore, product line manager, MVES Surgical Imaging. "Together our companies will strive to accelerate the acceptance of the Spy system to make it the standard of care during cardiac surgery.”

Novadaq's Spy system is a fluorescent imaging system that enables cardiac surgeons to assess coronary vasculature, and to identify and revise anatomic and technical deficiencies while the patient is still in the operating room.

In 2005, Novadaq selected Kodak as the sole U.S. service provider for the Spy system, based on its expertise in medical imaging and geographic coverage offered by its extensive Services organization. Kodak currently is servicing an installed base of Spy systems in over 50 leading healthcare facilities in the United States.



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Novadaq Technologies
Eastman Kodak