About ADAC Laboratories
ADAC Laboratories is a Healthcare company based in San Jose (United States) founded in 1970, and was acquired by Philips in November 2000. Nuclear medicine and imaging devices are developed and supplied. Its focus areas include Life Sciences, Imaging Diagnostics and Nuclear Imaging. Its competitors include Niowave, Clear Vascular and CMR Naviscan Corporation; 2 of its 3 listed competitors have raised funding.
Company details
ADAC Laboratories was founded in 1970 in San Jose, United States, with a focus on the medical devices sector. Operations centered on nuclear medicine systems, including gamma cameras and radiotherapy planning tools, targeted at heart disease and cancer treatment. The company received the Malcolm Baldrige National Quality Award in 1996 and was acquired by Philips for 426 million in 2000, integrating into Philips Medical Systems.
- Headquarters San Jose, United States
- Stage Acquired
- SectorsHealthcare
- Website adaclabs.com
- Acquired by Philips (Nov 2000)
Investors in ADAC Laboratories
ADAC Laboratories has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Philips.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Diversified products are provided across health, lighting, and consumer sectors. | 1891 | philips.com | Amsterdam, Netherlands |
Investor details for ADAC Laboratories
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Timeline of ADAC Laboratories
2 dated milestones of ADAC Laboratories across 30 years, from founding to its latest funding, stage changes and deals.
- Founded ADAC Laboratories is founded.
- Exit Acquired by Philips.
Competitors of ADAC Laboratories
ADAC Laboratories has 3 listed competitors in our database, 2 of them funded. They include Niowave, Clear Vascular and CMR Naviscan Corporation.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| niowaveinc.com | 2006 | United States | $9.95M | Devices and radioisotopes for nuclear imaging are provided by Niowave. | ||
| clearvascular.com | 2005 | The Woodlands, United States | $3.16M | Develops pharmaceutical products for treating cardiovascular conditions. | ||
| cmr-naviscan.com | 2003 | Carlsbad, United States | High-resolution PET systems for breast cancer imaging are provided. |
Detailed competitors of ADAC Laboratories
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Top companies in Imaging Diagnostics
3 companies that operate in the same segment as ADAC Laboratories (Imaging Diagnostics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Handheld ultrasound devices are developed for whole-body medical imaging. | 2011 | Guilford, Connecticut, United States | USD 350 M | USD 97.61 M | 464 | |
Robotic microsurgical systems for endoscopy are developed. | 2007 | Redwood City, California, United States | USD 733.62 M | 91 | ||
Ultrasound images are analyzed via AI-based software provided by Exo. | 2015 | Redwood City, California, United States | USD 463.39 M |
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Frequently Asked Questions about ADAC Laboratories
ADAC Laboratories was founded in 1970.
ADAC Laboratories is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
ADAC Laboratories was founded in 1970 in San Jose, United States, with a focus on the medical devices sector. Operations centered on nuclear medicine systems, including gamma cameras and radiotherapy planning tools, targeted at heart disease and cancer treatment. The company received the Malcolm Baldrige National Quality Award in 1996 and was acquired by Philips for 426 million in 2000, integrating into Philips Medical Systems.
ADAC Laboratories's top competitors include Niowave, CMR Naviscan Corporation and Clear Vascular.
ADAC Laboratories has 1 investor. Key investors include Philips.
Yes. ADAC Laboratories was acquired by Philips in November 2000.