| Market Capitalization (Millions $) |
17,169 |
| Shares
Outstanding (Millions) |
226 |
| Employees |
7,070 |
| Revenues (TTM) (Millions $) |
3,645 |
| Net Income (TTM) (Millions $) |
544 |
| Cash Flow (TTM) (Millions $) |
386 |
| Capital Exp. (TTM) (Millions $) |
57 |
Business Description
Hologic Inc. is a prominent US-based medical technology company that concentrates on diagnostic, surgical, and medical imaging equipment primarily for womens health. With its headquarters in Marlborough, Massachusetts, Hologic operates in over 50 countries, making a significant global impact in the healthcare sector.
Founded in 1985, Hologic initially centered its efforts on developing products for osteoporosis diagnostics. Over the years, the company has significantly broadened its portfolio, now encompassing a diverse range of diagnostic and medical imaging equipment designed for cancer detection, gynecology, and skeletal health. Hologic also manufactures surgical products and accessories specifically tailored for diagnostic imaging and breast biopsy procedures.
The company is recognized for its innovative imaging technologies, particularly its introduction of the first FDA-approved 3D mammography system, the Selenia Dimensions digital breast tomosynthesis (DBT) system, in 2011. This advanced system utilizes low-dose X-rays to produce multi-layered images of the breast, which enhances detection rates while reducing the need for follow-up biopsies.
Hologics suite of advanced technologies extends beyond imaging. The Panther Fusion system is a noteworthy product for molecular diagnostic testing, while NovaSure addresses heavy menstrual bleeding through endometrial ablation. The MyoSure device is designed for the removal of uterine fibroids and polyps. Furthermore, Hologic offers a variety of services supporting womens health, including prenatal testing and infertility treatment.
A reputation for quality and commitment to patient outcomes underscores Hologics standing in the medical industry. The company continues to invest heavily in research and development, striving to uncover innovative solutions that enhance womens health while pushing the boundaries of diagnostics and medical imaging.
In addition to its focus on health outcomes, Hologic is also dedicated to sustainability and corporate responsibility. The company actively pursues strategies to minimize its environmental impact, uphold ethical business standards, and foster diversity and inclusion within its workforce.
In summary, Hologic Inc. stands at the forefront of medical technology, delivering state-of-the-art diagnostic, surgical, and imaging solutions centered on womens health. Its ongoing commitment to innovation, patient care, and corporate responsibility solidifies its position as a leader in the industry.
Company Address: 250 Campus Drive, Marlborough, 1752 MA
Company Phone Number: 263-2900 Stock Exchange / Ticker: NASDAQ HOLX
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