IMRIS explained

IMRIS, Deerfield Imaging, Inc.
Type:	Public company
Industry:	Medical equipment
Foundation:	2005
Successor:	Deerfield Imaging
Location:	Chaska, Minnesota, U.S.
Key People:	Marc Buntaine, CEO
Products:	Medical Imaging Equipment
Website:	www.imris.com

IMRIS, founded in 2005, is a global provider of intraoperative imaging solutions.

The company's flagship product is the IMRIS Surgical Theatre. A hybrid operating theatre with intraoperative imaging capabilities, The IMRIS Surgical Theatre incorporates design and technology provided by IMRIS, including the moveable intraoperative MRI, as well as technology from 3rd-party medical device companies. IMRIS designs, creates and supports the IMRIS Surgical Theatre, which the company's marketing materials describe as "the world's most advanced hybrid operating theatre."

History

In 2005, IMRIS evolved from research related to intraoperative imaging conducted through Canada's National Research Council.^[1]

In 2011, the company announced it was developing an MRI-compatible image-guided surgical robot specifically designed for minimally invasive neurosurgery.^{[2] [3] [4]} 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.^[5] Chapter 11 proceedings were finalized on August 19, 2015, with Deerfield Imaging agreeing to acquire most of IMRIS' assets.^{[6] [7] [8]}

In 2017, the company marked its two-year anniversary under new ownership, reporting strong financial growth and strategic investments. With the support of parent company Deerfield Management in August 2015, IMRIS emerged under a new LLC, brand, leadership and focus. Since then, IMRIS achieved record earnings and growth.

In 2021, Marc Buntaine, a seasoned medical device executive, was appointed CEO of IMRIS, Deerfield Imaging.

See also

• Surgical Theatre
• Intraoperative MRI
• Image-guided surgery
• Minimally Invasive Procedures
• Neurosurgery

Notes and References

1. ^ http://archive.nrc-cnrc.gc.ca/eng/ibp/ibd/about/spin-off-companies/imris.html. Accessed August 27, 2012.
2. ^ http://www.mdacorporation.com/corporate/news/pr/pr2011091901.cfm Accessed August 27, 2012.
3. ^ 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.
4. ^ University of Calgary, Faculty of Medicine http://medicine.ucalgary.ca/about/neuroarm_sold.
5. ^ 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.
6. ^ "Chapter 11, Case No. 15-11133 (CSS)" (PDF). United States Bankruptcy Court for the District of Delaware. 19 August 2015. Retrieved 29 February 2016.
7. ^ "Deerfield Completes Purchase of IMRIS". Deerfield Imaging. 19 August 2015. Retrieved 29 February 2016.
8. ^ "IMRIS Inc. Assets Acquired by Deerfield Management Company". DAIC. Scranton Gillette Communications. 14 August 2015. Retrieved 29 February 2016.