IMRIS

IMRIS Inc.
Public company
Industry Medical Equipment
Fate Acquired
Successor Deerfield Imaging
Founded 2005
Defunct August 19, 2015 (2015-08-19)[1][2]
Headquarters Minnetonka, Minnesota, U.S.
Key people
 Jay Miller, Chairman & CEO
Products Medical Imaging Equipment
Revenue $51.8 Million (2011)
Number of employees
 200 (2011)
Website www.imris.com

IMRIS Inc. (Innovative Magnetic Resonance Imaging Systems) was a medical equipment company based in Minnetonka, Minnesota, United States. The company which was originally founded in Winnipeg, Canada, developed and marketed intraoperative image-guided therapy environments for use during surgical or interventional procedures. The system – sold as VISIUS Surgical Theatre – integrated magnetic resonance imaging (MRI), computed tomography (CT), X-ray angiography and fluoroscopy into the operating room.[3][4] The company evolved from research conducted through Canada’s National Research Council.[5]

The IMRIS intraoperative MRI and CT products were mounted on ceiling rails that brought the image modality (scanner) to the patient rather than having to transport or reposition the patient. The VISIUS iMRI and iCT products were available in multiple room configurations so imaging could be utilized in other rooms for intraoperative or diagnostic scanning.

In 2011, the company announced it was developing an MRI-compatible image-guided surgical robot specifically designed for minimally-invasive neurosurgery.[6][7][8] In November 2012, the company announced that it was moving its headquarters to the Minneapolis area. They completed their move in July 2013.

In late May 2015, news broke that IMRIS had "filed for chapter 11 bankruptcy protection with a buyout offer of $9.5 million from secured lender Deerfield Management Co. LP." due to problems competing with larger health care businesses.[9] Chapter 11 proceedings were finalized on August 19, 2015, with Deerfield Imaging agreeing to acquire most of IMRIS' assets.[1][2][10]

References

  1. 1 2 "Chapter 11, Case No. 15-11133 (CSS)" (PDF). United States Bankruptcy Court for the District of Delaware. 19 August 2015. Retrieved 29 February 2016.
  2. 1 2 "Deerfield Completes Purchase of IMRIS". Deerfield Imaging. 19 August 2015. Retrieved 29 February 2016.
  3. ↑ Canadian Start-up Takes MRI into the Operating Room. Diagnostic Imaging, April 25, 2001 http://www.diagnosticimaging.com/mri/content/article/113619/1217302?pageNumber=1.
  4. ↑ J Shmuel. 2011. IMRIS Methodically Building Momentum. Financial Post, April 10, 2011 http://business.financialpost.com/2011/04/10/imris-methodically-building-momentum/.
  5. ↑ http://archive.nrc-cnrc.gc.ca/eng/ibp/ibd/about/spin-off-companies/imris.html. Accessed August 27, 2012.
  6. ↑ http://www.mdacorporation.com/corporate/news/pr/pr2011091901.cfm Accessed August 27, 2012.
  7. ↑ IMRIS Buying Company Behind Surgical Robot. Winnipeg Free Press, February 5, 2010 http://www.winnipegfreepress.com/business/imris-buying-company-behind-surgical-robot-83622652.html.
  8. ↑ University of Calgary, Faculty of Medicine http://medicine.ucalgary.ca/about/neuroarm_sold.
  9. ↑ Brickley, P. (26 May 2015). "IMRIS Files for Bankruptcy with Buyout Offer From Deerfield". The Wall Street Journal. Dow Jones & Company, Inc. Retrieved 29 February 2016.
  10. ↑ "IMRIS Inc. Assets Acquired by Deerfield Management Company". DAIC. Scranton Gillette Communications. 14 August 2015. Retrieved 29 February 2016.

See also

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