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Latest From Esaote SPA
Deals Update
A roundup of recent medtech strategic alliances, mergers & acquisitions and financings.
Recent Financings of Private Companies (03/2008)
Each month, Start-Up presents a comprehensive review of young, private life science companies that have received venture funding during the month, including companies in the pharmaceutical, medical device, diagnostic and research instrumentation & reagent sectors.
ONI Medical Systems Inc.
Two executives formerly with GE Medical Systems saw an opportunity to help imaging centers off-load, in an economical fashion, at least 25% of their MRI scans. The two founded ONI Medical Systems, developer of a miniaturized system dedicated to extremity imaging-hands, wrists, elbows, knees, ankles and feet--that would be at least one-third of the cost of the whole body scans offered by the major manufacturers, and small enough to fit in an orthopedics suite, without sacrificing image quality. Such a product doesn't necessarily compete with general-purpose whole body scanners, but complements them by decompressing the workload.
Magnetic Moment
In terms of medical applications magnetic resonance imaging could serve, the modality is still underused, and that means a large, untapped growth opportunity for the entrenched large manufacturers that dominate the industry with an installed base of capital equipment. Small companies have a role to play as well, with adjunctive technologies that serve the large players, or in niches too small for the multi-billion dollar players to notice.
Company Information
- Industry
- Medical Devices
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