IMRIS (IMRS), MDA Enter Multimillion MR Guided Surgical Robot Collaboration
Tweet
Share
E-mailGet Alerts IMRS Hot Sheet
Join SI Premium – FREE
IMRIS Inc. (Nasdaq: IMRS) and MacDonald, Dettwiler and Associates Ltd. (MDA) announced an agreement for the final phases of collaborative development of IMRIS's MR guided surgical robot, building on the development work the two companies have completed to date.
Under the terms of the multimillion dollar agreement, MDA is IMRIS's development and preferred manufacturing partner for image-guided surgical robotics. The two companies have made significant progress in advancing the new IMRIS image guided surgical robotic system toward commercialization. Given current development plans, IMRIS anticipates being in a position to seek regulatory approval as early as the second quarter of 2012.
Under the terms of the multimillion dollar agreement, MDA is IMRIS's development and preferred manufacturing partner for image-guided surgical robotics. The two companies have made significant progress in advancing the new IMRIS image guided surgical robotic system toward commercialization. Given current development plans, IMRIS anticipates being in a position to seek regulatory approval as early as the second quarter of 2012.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- FDA clears Leqembi Iqlik subcutaneous shot as Alzheimer's start dose
- Artelo drug shows pain reduction in nonclinical neuropathy model
- Voyager tau gene therapy shows tolerability in 6-month NHP study
Create E-mail Alert Related Categories
Credit Ratings, FDASign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
