7. Analogic (medical imaging and ultrasound business)
R&D spend: $67.1 million
Percent of revenues: 14.8%
2017 overall revenue rank: 80
Analogic (Nasdaq: ALOG) boasts that many of the largest medical imaging companies incorporate the Peabody, Mass.–based company’s high-performance imaging subsystems into their products. At this week’s Radiological Society of North America (RSNA) meeting in Chicago, the company showcased its 64-slice, wide-bore CT gantry. It included PowerLink, Analogic’s non-contact power and data transfer system – and what the company described as a sleek and highly intuitive touch screen CT user interface featuring Analogic’s LISA (low dose iterative software application). The CT Patient Positioning System had a 660 lb. (300 kg) capacity.