IMRIS founded in 2005, IMRIS is a global provider of intraoperative imaging solutions. The company's flagship product is the IMRIS Surgical Theatre. A

hybrid Hybrid may refer to: Science * Hybrid (biology), an offspring resulting from cross-breeding ** Hybrid grape, grape varieties produced by cross-breeding two ''Vitis'' species ** Hybridity, the property of a hybrid plant which is a union of two dif ...

operating theatre with intraoperative imaging capabilities, The IMRIS Surgical Theatre incorporates design and technology provided by IMRIS, including the moveable

intraoperative MRI Intraoperative magnetic resonance imaging (iMRI) refers to an operating room configuration that enables surgeons to image the patient via an MRI scanner while the patient is undergoing surgery, particularly brain surgery. iMRI reduces the risk of ...

, 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. In 2011, the company announced it was developing an MRI-compatible image-guided surgical robot specifically designed for minimally invasive

neurosurgery Neurosurgery or neurological surgery, known in common parlance as brain surgery, is the medical specialty concerned with the surgical treatment of disorders which affect any portion of the nervous system including the brain, spinal cord and pe ...

. In November 2012, the company announced that it was moving its headquarters to the

Minneapolis Minneapolis () is the largest city in Minnesota, United States, and the county seat of Hennepin County. The city is abundant in water, with thirteen lakes, wetlands, the Mississippi River, creeks and waterfalls. Minneapolis has its origins ...

area. They completed their move in July 2013. In late May 2015, news broke that IMRIS had "filed for

chapter 11 bankruptcy protection Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whet ...

with a buyout offer of $9.5 million from secured lender Deerfield Management Co. LP." due to problems competing with larger health care businesses. Chapter 11 proceedings were finalized on August 19, 2015, with Deerfield Imaging agreeing to acquire most of IMRIS' assets.^ "IMRIS Inc. Assets Acquired by Deerfield Management Company". DAIC. Scranton Gillette Communications. 14 August 2015. Retrieved 29 February 2016. 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.

History

References

See also