This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IMRIS And MDA Advancing Image Guided Surgical Robotics Program

First demonstration set for 2 011 Congress of Neurological Surgeons in W ashington, D.C.

WINNIPEG AND RICHMOND, BC, Sept. 19, 2011 /PRNewswire/ - IMRIS Inc. (NASDAQ: IMRS) (TSX: IM) and MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) today 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.

IMRIS and MDA began work on a robotic surgery system in 2010 with the goal of commercialization.  The system is being designed initially to perform microsurgery and biopsy-stereotaxy applications on the brain with sub-millimeter precision by bringing the capabilities of surgical robotics together with real time MR imaging in a fully integrated IMRIS surgical suite under the full control of the neurosurgeon.  Ultimately, the technology is expected to extend into a broad range of surgical applications.

The system features two robotic arms that can manipulate MR-compatible tools at a microscopic level from a remote workstation.  The surgeon sees detailed three-dimensional images of the brain and the surgical tools, and uses hand controllers equipped with enhanced touch sensation that allow the surgeon to feel  tissue through the robotic arms and surgical tools and apply appropriate pressure as they operate.

A clinical trial utilizing the first generation of the robot on a cohort of 120 patients is currently underway, led by Garnette Sutherland, MD, Professor of Neurosurgery, at Calgary's Foothills Hospital.  The first public demonstration of IMRIS' robotic technology will be at the Congress of Neurological Surgeons in Washington DC, where Dr. Sutherland will share his experiences on October 3 and 4, 2011 with delegates visiting the IMRIS booth.

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,592.88 -5.32 -0.03%
S&P 500 2,101.21 +3.17 0.15%
NASDAQ 5,120.7640 +5.3820 0.11%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs