Specialist engineer Avingtrans (AVG) said it has appointed its first US distributor, radiography leader Televere Systems. This should enable AVG to hit the ground running - i.e. immediately after Magnetica Limited’s (75% owned by Avingtrans) cutting edge small form MRI scanner is hopefully approved by the FDA in mid 2024.
Indeed assuming things go to plan, I would anticipate first sales of Magnetica Limited's innovative medical devices to be in the 2nd half of next year.
Duncan Stovell, CEO of Magnetica Limited, commented: "We're excited about the potential our Helium-free MRI technology holds and confident that in Televere, we have chosen the perfect partner to bring it to the US market. Televere is a dynamic, innovative and customer-focused organisation with a strong track record of success. This new partnership will support both companies' growth strategies by enabling easier access to state-of-the-art MRI technology."
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