TeamBest Companies Enters Agreement to Acquire ABT Molecular Imaging, Inc. and Announces Creation of Best ABT, Inc. | Financial Buzz

TeamBest Companies Enters Agreement to Acquire ABT Molecular Imaging, Inc. and Announces Creation of Best ABT, Inc.

Best Medical International, Inc. (BMI) and Best Cyclotron Systems (BCS)
both part of the TeamBest group of companies, are pleased to announce
the creation of Best ABT, Inc. Best ABT, Inc. has entered into an
agreement to acquire ABT Molecular Imaging, Inc. (ABT), a Knoxville, TN
based cyclotron manufacturing company.

The TeamBest group of companies, founded by Krishnan Suthanthiran, is
headquartered in Springfield, Virginia, USA, and manufactures a variety
of quality products for the radiation therapy and diagnostic community.
BCS currently offers a wide array of cyclotrons ranging from 15 MeV to
70 MeV. A fully-functioning Best 70 MeV cyclotron has been successfully
installed in Legnaro, Italy. BCS is currently installing several other
cyclotrons in various countries worldwide.

Best ABT, Inc. will be a valuable addition to the TeamBest cyclotron
portfolio that will allow TeamBest to deliver quality oncology diagnosis
and care to a large group of currently underserved patients worldwide.
The acquisition of ABT will bring a wealth of experience in smaller
cyclotron technology, as well as in automated chemistry to TeamBest. The
cyclotron manufactured by ABT, the BG-75 Biomarker Generator (BG-75
System) is smaller and easier to install and operate than most
conventional systems. The BG-75 integrates a compact cyclotron with
micro-chemistry and automated quality control system, to provide
on-demand F-18 FDG production in one seamless solution
(“Dose-On-Demand”) to support the diagnostic community. With more than
25 BG-75 Systems sold worldwide, Best ABT, Inc. will allow the TeamBest
group of companies to expand its global reach into more diverse markets
than ever before.

With this acquisition, TeamBest is taking another step in delivering on
its promise to deliver “healthcare for everyone”. Together with Best
Cure Foundation (BCF), the TeamBest group of companies will set up a
hub-and-spoke model healthcare delivery system, linked to General, as
well as Super-Specialty Medical Centers, availing themselves of all
of TeamBest’s new and advanced technologies worldwide.

For more information, please visit or
visit our booth #4124 at RSNA in Chicago, Illinois November 25–28, 2018.

U.S. Office (HQ): 7643 Fullerton Road, Springfield, Virginia 22153 USACanada
Office (BC): 8765 Ash St., Unit 7, Vancouver, BC V6P 6T3 CANADACanada
Office (ON): 413 March Road, Ottawa, Ontario K2K 0E4 CANADA

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