Positron Corporation
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Positron Corporation is an American
nuclear medicine Nuclear medicine or nucleology is a medical specialty involving the application of radioactive substances in the diagnosis and treatment of disease. Nuclear imaging, in a sense, is "radiology done inside out" because it records radiation emitting ...
healthcare company specializing in cardiac
Positron Emission Tomography Positron emission tomography (PET) is a functional imaging technique that uses radioactive substances known as radiotracers to visualize and measure changes in Metabolism, metabolic processes, and in other physiological activities including bl ...
(PET) imaging. Positron is headquartered in
Niagara Falls, New York Niagara Falls is a City (New York), city in Niagara County, New York, United States. As of the 2020 United States Census, 2020 census, the city had a total population of 48,671. It is adjacent to the Niagara River, across from the city of Niagara ...
in addition to its clinical and technical cardiovascular PET training facility. The company's products and services enable healthcare providers to diagnose cardiac disease and improve patient outcomes. Positron Corporation is a
public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...
and traded on the Financial Industry Regulatory Authority, Inc.'s OTC Bulletin Board under the ticker symbol POSC.


History

Positron was founded in 1983 as a
research and development Research and development (R&D or R+D), known in Europe as research and technological development (RTD), is the set of innovative activities undertaken by corporations or governments in developing new services or products, and improving existi ...
company.


Company development

After its founding in 1983, Positron debuted a new time-of-flight tomograph called the POSICAM. Posicam used barium fluoride for the scintillation detector and was primarily used by researchers interested in cardiac imaging. In 1985, the FDA approved the POSICAM system for marketing and the following year, Positron began commercial operations. The FDA later gave approval to Positron to begin marketing its HZ PET imaging system in 1991. Positron received patents for aspects of its HZ and HZL POSICAM systems in 1993 along with FDA approval to market HZL. In 2005, Positron entered into a joint venture contract with Neusoft Medical Systems Co., Inc. of Shenyang, China for a jointly owned company to pursue the manufacturing of PET imaging equipment called Neusoft Positron Medical Systems Co. Ltd. The following year, Positron acquired a manufacturer/developer of nuclear imaging devices called IS2 Medical Systems, Inc. based in Ontario, Canada. Positron acquired DoseShield Corporation, a developer and manufacturer of automated radiopharmaceutical technology/systems in 2008. In 2009, Positron and its partner Neusoft Medical Systems received FDA approval to sell and distribute their Attrius PET system.


Attrius

The Attrius is Positron's main cardiac PET system that the company provides in nuclear medicine that was launched in 2010. The system uses software to monitor coronary artery overlay display and open architecture for new protocol development and customization and motion correction. Other products include PosiRx, a system that simplifies and controls the procedures associated with the preparation and delivery of radiopharmaceuticals used in molecular imaging and PosiStar, Positron's customer care plan for Attrius.


Awards

*Positron Corporation is the winner of the 2010 North American Molecular Imagine Systems New Product Innovation Award given by the research firm Frost & Sullivan.


References


Further reading


"Nuclear medicine market could climb to $8.05B by 2020"
{{authority control Medical imaging Nuclear medicine organizations Health care companies based in Illinois