Varian Medical's CEO Presents At Bank Of America Merrill Lynch Healthcare Conference Call (Transcript)

Varian Medical Systems, Inc. (VAR)

Bank of America Merrill Lynch Health Care Conference Call

May 15, 2012 04:00 pm ET

Executives

Elisha W. Finney – Corporate Executive Vice President, Finance and Chief Financial Officer

Spencer R. Sias – Vice President, Corporate Communications and Investor Relations

Analysts

Presentation

Unidentified Analyst

[Call Starts Abruptly]

Analyst at B of A. And here with me from Varian, we have Elisha Finney, the CFO, and Spencer Sias, the Head of Investor Relations. Elisha's is going to go ahead and speak for 15 minutes or so, and then we will open it up for Q&A.

Elisha W. Finney

Thank you, [Lenux]. What we thought we would do is just give a brief summary this afternoon and then make sure we leave time to answer any questions that you might have. I will be making some forward-looking statements. Varian's mission is focusing energy on saving lives. And in all three of our business segments, we focus x-ray energy. In Oncology Systems, we focus our energy on tumors, so that we can kill cancer and kill patients. In the X-ray Products Division, we focus energy on better diagnosis, so that you can be diagnosed earlier.

And then finally, in our Security and Inspection Products business, we are focusing energy on inspecting cargo and having safer borders and ports. The mission or the goal of the company is to save an additional 100,000 life each and every year. We treat about over 2 million patients per year, and we are all at the company very dedicated to reaching this goal.

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