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Varian Medical Systems Inc. (VAR)On Nov 9: 44.60   0.00 (0.00%)  
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Varian Medical Systems Inc.
3100 Hansen Way
Palo Alto, CA 94304-1038
United States - Map
Phone: 650-493-4000
Fax: 650-424-6822
Web Site: http://www.varian.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Healthcare
Industry:Medical Appliances & Equipment
Full Time Employees:5,100

BUSINESS SUMMARY 
Varian Medical Systems, Inc. provides cancer therapy systems worldwide. Its Oncology Systems segment designs, manufactures, sells, and services hardware and software products to treat cancer with radiation, including linear accelerators, brachytherapy afterloaders, treatment simulation and verification equipment, and accessories, as well as information management, treatment planning, and image processing software. This segment’s products enable oncology departments to perform conventional radiotherapy, intensity modulated radiation therapy, image guided radiation therapy, and stereotactic radiotherapy, as well as brachytherapy techniques. Oncology Systems segment markets its products to cancer treatment clinics, university research and community hospitals, private and governmental institutions, healthcare agencies, doctors’ offices, and cancer care clinics. The company’s X-ray Products segment designs, manufactures, and markets X-ray imaging components and subsystems, such as X-ray tubes for computed tomography, scanning, radioscopic/fluoroscopic imaging, mammography, and special procedures and industrial applications; and flat panel detectors for filmless X-ray imaging. This segment sells its products to imaging system original equipment manufacturers. Varian Medical Systems also provides Linatron X-ray accelerators and IntellX imaging product for security and inspection purposes; designs, manufactures, and integrates products and systems for delivering proton therapy; and develops technologies in the areas of digital X-ray imaging technology, volumetric and functional imaging, improved X-ray sources, and technology for security and cargo screening applications. It has a strategic development agreement with Calypso Medical Technologies, Inc. to develop products integrating Calypso System with the company’s radiotherapy treatment technologies. The company, formerly known as Varian Associates, Inc., was founded in 1948 and is headquartered in Palo Alto, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Varian Medical Systems Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 61.1% of S&P 500 companies and 91.9% of Health Care Equipment & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Timothy E. Guertin , 60
    Chief Exec. Officer, Pres and Exec. Director
    $ 2.50M $ 6.85M
    Ms. Elisha W. Finney , 47
    Chief Financial Officer and Corp. Sr. VP of Fin.
    $ 1.29M $ 3.72M
    Mr. Robert H. Kluge , 63
    Corp. Sr. VP and Pres of X-Ray Products
    $ 808.00K $ 10.14M
    Mr. Dow R. Wilson , 45
    Corp. Exec. VP and Pres of Oncology Systems
    $ 1.84M $ 142.00K
    Mr. John W. Kuo , 46
    Corp. VP, Corp. Sec. and Gen. Counsel
    $ 764.00K $ 1.07M
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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