Elscint was an Israeli technology company that developed, manufactured and sold medical imaging solutions, including: nuclear medicine, computed tomography magnetic resonance imaging and X-ray scanners. Elscint's shares traded on the NASDAQ as well as on the Tel Aviv Stock Exchange. At its height, Elscint was a world leader in the development of medical imaging technologies. Most of Elscint's activities were sold to GE Healthcare and Philips Medical Systems.[3]
History
1969–1974: Early years
Elscint (perhaps a portmanteau of the words "electronic" and "scientific, but more likely of "El" as in "El Al", and "Scint", as in scintillation, referring to the type of radiation detector used in Nuclear Medicine as in Elscint's first products.) was founded in 1969 by Dr. Avraham Suhami, who was a nuclear physics professor at the Technion – Israel Institute of Technology at the time, after receiving encouragement to apply his scientific and technical knowledge for commercial applications from Uzia Galil, founder of Elron, a technology investment company.[4]