Medic Vision Imaging Solutions Overview
Medic Vision develops cost-effective, vendor-independent image-enhancement and dose-management solutions for diagnostic imaging. Its 3D iterative image-enhancement products are based on proprietary algorithms and are in routine clinical use at more than 500 hospitals and imaging centers in the United States. Medic Vision's products include SafeCT for low dose CT scans, SafeCT-29 for XR-29 compliance, and iQMR for short MRI scans and enhanced image quality. The company's flagship product, SafeCT, dramatically enhances the signal-to-noise ratio (SNR) of low-dose CT images generated by conventional scanners, offering the potential for up to an 80% dose reduction with no trade-off in terms of image quality or diagnostic value. iQMR (intelligent Quick Magnetic Resonance) is a universal 3D-image enhancement system that enables the use of short MRI protocols on MRI scanners of any vendor and model by substantially increasing SNR and image quality. Medic Vision's entire line of products is vendor neutral, including the SafeCT suite and iQMR, making the products suitable for direct end-user applications as well as for incorporation by imaging system and PACS manufacturers into their existing platforms and product offerings. The devices are FDA cleared.
Cumulative Funding Raised Over Time ($)
—
$1.0M
$1.0M
$1.0M
$1.0MJun 2017
$1.0MMay 2022
$4.5MNov 2011
Latest News
growth-positive
Radiology, News, Education, Service
Medic Vision Imaging Solutions, a developer of image reconstruction software, highlighted a study evaluating its AI-based post-processing software, iQMR. The study showed that iQMR improved image quality and enhanced the reliability and detectability of brain morphometric analysis in MRI scans. Medic Vision received FDA clearance for iQMR in May 2018.
Customers
growth-positive
Radiology, News, Education, Service
Medic Vision Imaging Solutions plans to sell its iQMR image enhancement software in Korea after partnering with Nuclear Light Industry (NLI) as a licensed distributor. The partnership allows NLI to operate as a licensed distributor of the iQMR system in Korea. The iQMR system enables short MRI protocols to increase productivity and decrease the need for repeat scans. Medic Visions software is currently being used in imaging centers in the U.S., Israel, China, and Brazil.
Partners
growth-positive
Medic Vision's iQMR™ System to Allow 40% MRI Scan-Time Reduction in More Than 350 Medical Centers in China, Under a Multi-Million Dollar Agreement BioSpace
Medic Vision Imaging Solutions has signed a multi-million dollar partnership agreement with KAME, an affiliate of Beijing Century Galaxy Technology Group, to deliver over 350 iQMR systems to healthcare centers and diagnostic imaging providers in China. The partnership aims to reduce MRI scan-time by up to 40% and increase productivity. iQMR is a machine learning assisted iterative image reconstruction software that enables the use of short MRI protocols. KAME specializes in healthcare services and medical devices. The partnership will revolutionize the diagnostic imaging services market in China and provide an upgraded patient experience.
Partners
growth-positive
Medic Vision to deploy iQMR in China through new partnership with KAME
Medic Vision, an Israeli-based software manufacturer, has entered into a multiyear, multimillion-dollar partnership with KAME, an affiliate of Chinese medical corporation Beijing Century Galaxy Technology Group. Through this partnership, Medic Vision will deploy 350 of its intelligent Quick MR solution (iQMR) systems to healthcare centers and diagnostic imaging facilities throughout China. The iQMR software can cut MR scan time by up to 40 percent, allowing for shorter scan times and greater productivity. This partnership comes at a time of tremendous growth for the Chinese diagnostic imaging market, presenting opportunities for foreign manufacturers and medical device refurbishers to access the market and benefit from its growth.
Partners
growth-positive
Medic Vision: New FDA-cleared MRI Image Enhancement Technology Enables Reduction of Scan Time and Increased Resolution
Medic Vision Imaging Solutions has received FDA clearance for its latest product, iQMR, an iterative image reconstruction technology that enhances noisy MRI images and increases signal-to-noise ratio. The technology allows for the use of shorter MRI protocols, leading to increased productivity and a better patient experience. Medic Vision is known for its CT dose management and reduction solutions, which are currently in use at over 500 sites in the US. With the addition of iQMR, the company aims to offer a groundbreaking solution for the diagnostic imaging industry, improving cost savings, productivity, and patient experience. The results of a clinical study demonstrating the ability to reduce routine brain exam scan time by 30% without affecting image quality will be presented at the upcoming ASNR 56th Annual Meeting.
CustomersExpand
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | $4.5M |
| Last funding | Undisclosed |
| Stage | G |
| Rounds | 7 |
| Investors | 3 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | www.medicvision.com/cgi-sys/suspendedpage.cgi |
Locations
Yozma St 3, Tirat Carmel, Israel
Somerset, MA, USA
Photos & Videos
8 item(s)
Medic Vision Imaging Solutions Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Health Tech & Life SciencesMedical DevicesDiagnostics DevicesTarget Customer
Healthcare & Life SciencesHealthcareProvidersLaboratoriesCore Technology
Simulation & ImagingArtificial IntelligenceTags (13)
real-timeimagingct-scanhospitalsradiologymedical-devicesmachine-learningalgorithmsartificial-intelligencemri3d-technologydiagnosticsoptronicsGeographic Markets
ChinaEuropeUnited StatesMedic Vision Imaging Solutions Financials
$4.5M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
G
Funding stage
7
Total rounds
3
Investors
Cumulative Funding Raised Over Time ($)
—
$1.0M
$1.0M
$1.0M
$1.0MJun 2017
$1.0MMay 2022
$4.5MNov 2011
Private Equity Funding
G Round
May 2022
Undisclosed
Ratio Technologies
E Round
Jun 2017
Undisclosed
Ratio Technologies, Radnet
A Round
Nov 2011
$3.5M
Bridge Investment Fund, Ratio Technologies
B Round
Undisclosed
Seed
$1M
C Round
Undisclosed
D Round
Undisclosed
Medic Vision Imaging Solutions Lifecycle
Cumulative Funding Raised Over Time
—
$1.0M
$1.0M
$1.0M
$1.0MJun 2017
$1.0MMay 2022
$4.5MNov 2011
All Events
G Round
May 2022
Undisclosed
Ratio Technologies
E Round
Jun 2017
Undisclosed
Ratio Technologies, Radnet
A Round
Nov 2011
$3.5M
Bridge Investment Fund, Ratio Technologies
B Round
Undisclosed
Seed
$1M
C Round
Undisclosed
D Round
Undisclosed
Medic Vision Imaging Solutions News
8 articles
growth-positive
Radiology, News, Education, Service
Medic Vision Imaging Solutions, a developer of image reconstruction software, highlighted a study evaluating its AI-based post-processing software, iQMR. The study showed that iQMR improved image quality and enhanced the reliability and detectability of brain morphometric analysis in MRI scans. Medic Vision received FDA clearance for iQMR in May 2018.
Customers
growth-positive
Radiology, News, Education, Service
Medic Vision Imaging Solutions plans to sell its iQMR image enhancement software in Korea after partnering with Nuclear Light Industry (NLI) as a licensed distributor. The partnership allows NLI to operate as a licensed distributor of the iQMR system in Korea. The iQMR system enables short MRI protocols to increase productivity and decrease the need for repeat scans. Medic Visions software is currently being used in imaging centers in the U.S., Israel, China, and Brazil.
Partners
growth-positive
Medic Vision's iQMR™ System to Allow 40% MRI Scan-Time Reduction in More Than 350 Medical Centers in China, Under a Multi-Million Dollar Agreement BioSpace
Medic Vision Imaging Solutions has signed a multi-million dollar partnership agreement with KAME, an affiliate of Beijing Century Galaxy Technology Group, to deliver over 350 iQMR systems to healthcare centers and diagnostic imaging providers in China. The partnership aims to reduce MRI scan-time by up to 40% and increase productivity. iQMR is a machine learning assisted iterative image reconstruction software that enables the use of short MRI protocols. KAME specializes in healthcare services and medical devices. The partnership will revolutionize the diagnostic imaging services market in China and provide an upgraded patient experience.
Partners
growth-positive
Medic Vision to deploy iQMR in China through new partnership with KAME
Medic Vision, an Israeli-based software manufacturer, has entered into a multiyear, multimillion-dollar partnership with KAME, an affiliate of Chinese medical corporation Beijing Century Galaxy Technology Group. Through this partnership, Medic Vision will deploy 350 of its intelligent Quick MR solution (iQMR) systems to healthcare centers and diagnostic imaging facilities throughout China. The iQMR software can cut MR scan time by up to 40 percent, allowing for shorter scan times and greater productivity. This partnership comes at a time of tremendous growth for the Chinese diagnostic imaging market, presenting opportunities for foreign manufacturers and medical device refurbishers to access the market and benefit from its growth.
Partners
growth-positive
Medic Vision: New FDA-cleared MRI Image Enhancement Technology Enables Reduction of Scan Time and Increased Resolution
Medic Vision Imaging Solutions has received FDA clearance for its latest product, iQMR, an iterative image reconstruction technology that enhances noisy MRI images and increases signal-to-noise ratio. The technology allows for the use of shorter MRI protocols, leading to increased productivity and a better patient experience. Medic Vision is known for its CT dose management and reduction solutions, which are currently in use at over 500 sites in the US. With the addition of iQMR, the company aims to offer a groundbreaking solution for the diagnostic imaging industry, improving cost savings, productivity, and patient experience. The results of a clinical study demonstrating the ability to reduce routine brain exam scan time by 30% without affecting image quality will be presented at the upcoming ASNR 56th Annual Meeting.
CustomersExpand
growth-positive
Medic Vision Granted US Patent for its XR-29 Solution
Medic Vision, a leading provider of image enhancement and dose management solutions for CT exams, has been granted a patent by the US Patent and Trademark Office for its XR-29 Dose-Check system, a part of its SafeCT-29 product suite. The SafeCT-29 product suite was the first and only third-party solution to receive FDA clearance and has been installed in hundreds of medical care centers throughout the US. The company expects the patent to significantly enhance its market position.
Customers
growth-positive
RadNet, Inc. Acquires Equity Stake in Medic Vision
RadNet, Inc. has acquired an equity stake in Medic Vision, a leading provider of vendor-independent solutions for low-dose CT exams. This investment follows a previous collaboration between the two companies, in which RadNet used Medic Visions products in its facilities. RadNet believes that its experience and expertise can help accelerate Medic Visions growth and innovation. The partnership will also involve the development and validation of Medic Visions future products. RadNet is the national leader in providing diagnostic imaging services in the United States, while Medic Vision is known for its image enhancement and dose management solutions for CT exams.
Partners
growth-positive
Low radiation CT co Medic Vision raises $3.5m
Medic Vision Ltd., a company developing low-dosage radiation CT scanners, has raised $3.5 million from Cleveland-based Bridge Investment Fund LLC and private investors. The company has also sold its first scanner at full price to Imaging Healthcare Specialists Inc. (IHS), a deal estimated at $500,000. Medic Visions technology can be used by all scanners and is priced competitively, with the CEO predicting a positive cash flow next year.
InvestmentCustomers
Medic Vision Imaging Solutions Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 44 |
| Team members | 3 |
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Medic Vision Imaging Solutions Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Sharon Shapira |
| Registrar ID | 513796615 |
| Crunchbase | medic-vision |
| Phone | +97273726226 |
| Creator | Arielle Smolin |
| Creator email | ari.smolin@gmail.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2022-11-14T00:00:00.000Z |
| Created | 2014-07-20T00:00:00.000Z |