RE:RE:Amazing strategy execution Aside from the court battle over patent rights, the market may not yet realize the impact of having a company like Hamamatsu Photonics partnering with Zecotek just yet.
IMO, if all goes well, Hamamatsu will make Zecotek a very large company moving forward. They are after all the largest supplier of PET scanner components for the medical industry, which is projected to grow to $26 Billion in the next 3 years.
You never know, but a court win could see Hamamatsu take a bigger role than just partner. Only time will tell.
In only 2 weeks after announcing their partnership, Hamamatsu gave Zecotek an "initial" order for $500k. IMO, this is nothing compared to what could transpire in the next 12 months. atb
Recently, the company announced a partnership agreement with Japan's Hamamatsu Photonics, the world's leading supplier of PET scanner components to the biomedical industry, the news was soon followed by an initial order for $500,000 of lutetium fine silicate scintillation crystals.
Hamamatsu is also the world's leading supplier of optoelectronics components including photo multiplier tubes and photo-diodes used in the European Organization for Nuclear Research (CERN) projects and other industrial and scientific applications.
Zecotek CEO Faouzi Zerrouk, an English educated PhD in Theoretical Physics, who has became a leading expert in photonics technologies, says that deal is the first step in Zecotek becoming a viable player in a global diagnostic imaging market that is expected to grow to $26.6 billion by 2016.
"Hamamatsu has made an immediate contribution to our strategic alliance," he said. "This initial order underlines the significance of the strategic partnership and co-operation between Zecotek and Hamamatsu. We have always believed in the cost/performance superiority of Zecotek LFS crystals."