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Magnetica Limited Appoints Televere Systems, LLC to Bring Helium-free MRI Solutions to the U.S. Healthcare Market.

PRESS RELEASE

FOR IMMEDIATE RELEASE

CHICAGO, Nov 30, 2023 – Magnetica Limited, a pioneer in Magnetic Resonance Imaging (MRI) technology, is proud to announce a new strategic partnership with Televere Systems, LLC, a leader in radiography product distribution.

The landmark agreement appoints Televere as the official U.S. distributor for Magnetica’s products.

Effective from 29 November 2023, the collaboration was officially unveiled at the annual RSNA (Radiological Society of North America) 2023 event in Chicago and represents a significant milestone in Magnetica’s expansion strategy, reinforcing its commitment to providing advanced MRI solutions to the U.S. market.

Groundbreaking MRI Technology

Magnetica is developing state-of-the-art technology using ultra-compact superconducting magnets in an MRI technology that will operate without liquid helium. Magnetica plans to seek FDA clearance for the product by mid-2024. 

Duncan Stovell, CEO of Magnetica, expressed enthusiasm about the distribution partnership, stating,

“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.”

Randy Quaal, General Manager of Televere, said,

“With a dynamic team of over 40 professionals, our team is well positioned to represent Magnetica’s products effectively and our alliance with Magnetica is a significant step forward. The versatility of Magnetica’s products aligns perfectly with our mission to meet and exceed customer expectations in the radiography field and we’re looking forward to bringing this innovative new technology to our US customer base.”

-ENDS-

For media enquiries, please contact:

Tanya Love
Magnetica Limited
+61 (0) 7 3188 5445
tanya.love@magnetica.com

Mike Hollis
Televere Systems, LLC
+1 801 808 7530
mikeh@televere.com

Notes to editors:

About Magnetica Limited

Magnetica Limited is a pioneering developer and Original Equipment Manufacturer (OEM) of compact high-field MRI systems. At the forefront of MRI technology for many years and following a merger with Scientific Magnetics and Tecmag in January 2021, Magnetica specializes in innovating lightweight superconducting MRI systems for dedicated applications. The company’s unique approach utilizes cryogen-free superconducting magnets, requiring significantly less infrastructure than traditional MRI systems and making them ideal for numerous non-traditional locations. With a mission to revolutionize MRI technology through compact and efficient designs, Magnetica is committed to making advanced imaging more accessible and user-friendly.

Visit https://magnetica.com for more information.

Follow Magnetica Limited:

https://www.linkedin.com/company/magnetica-limited

https://twitter.com/MagneticaAU

About Televere Systems, LLC

Televere Systems, LLC (Televere) is a leading distributor in the radiography sector, privately owned and incorporated in Texas, USA, in 1996.  The company offers a range of products and services to meet the diverse needs of the medical imaging community. Televere has been in the digital imaging business for over 25 years, offering advanced technology for managing digital images and maintaining products in the medical, podiatry, dental, veterinary, disaster relief and industrial markets. Learn more at https://televeresystems.com.

The Magnetica team at our booth at ISS 2023: 50th Annual Meeting: Musculoskeletal Diagnostic Meeting

Pioneering Progress: Highlights from MSK 2023

Highlights from the MSK 2023 Global Musculoskeletal Societies Joint Meeting

Length: 4-minute read.

Quick summary: Bringing together industry leaders from across the globe, the MSK 2023 Global Musculoskeletal Societies Joint Meeting was held in London in October 2023. Hosted for the first time by the International Skeletal Society (ISS), Magnetica was a proud sponsor and attended the event in the lead-up to the launch of our compact MSK extremity 3T MRI system.

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MSK 2023 – When it comes to groundbreaking research, innovative techniques, and collaborative efforts in musculoskeletal medicine, nothing compares to the annual MSK Global Musculoskeletal Societies Joint Meeting. As one of the most eagerly anticipated events in the medical calendar, MSK 2023 promised to be a hub of knowledge-sharing, networking, and professional growth. It delivered this in spades.

The field of musculoskeletal medicine has advanced rapidly in recent years. From cutting-edge surgical techniques to revolutionary new technologies, this realm of medicine is ever-evolving. MSK 2023 offered a unique platform for professionals from various disciplines to come together and discuss these vital advancements.

Unveiling MSK 2023: The Future of Musculoskeletal Care

MSK 2023: The future of musculoskeletal care

London offered the perfect backdrop for the MSK 2023 Global Musculoskeletal Societies Joint Meeting, held in October. This year marks the first time the event was hosted by the International Skeletal Society (ISS), providing over 1100 in-person attendees from the musculoskeletal industry with opportunities to participate, exhibit and study.

 

The joint meeting was also the first to include all international MSK specialty societies, with representatives from across the globe in attendance.

The comprehensive agenda across the five days of October 8-13, 2023, included social and networking events, case presentations and scientific sessions, radiology-pathology-surgery musculoskeletal and ultrasound courses and an exhibition, product demonstrations and a trade show. Presentations included sessions on sports medicine imaging and musculoskeletal disease.

Hosted by the International Skeletal Society

ISS logo

With the ISS at the helm, this year’s program emphasised the organisation’s mission to encourage the collaboration of professionals dedicated to advancing the diagnosis and therapy of musculoskeletal disorders.

MSK 2023 served as a launchpad for some of the latest advancements in musculoskeletal technologies, and delegates enjoyed access to presentations by many senior industry representatives. These people are the industry’s trailblazers, training the future of radiology and paving the way for ground-breaking developments in orthopaedics, rheumatology, and physiotherapy.

Events such as MSK 2023 allow the exchange of ideas, the creation of professional relationships and strategic partnerships to provide a rich, current view of the state of musculoskeletal therapies. With ISS facilitating this year, this proved even more accurate, and the QEII Centre proved the perfect venue.

Magnetica and MSK 2023

The Magnetica team at MSK 2023

Joined by our General Manager of Business Development, Antonio Augello, and MRI Market Advisor, Peter Penfold, CEO Duncan Stovell represented Magnetica at the event, with a consistent stream of visitors to our booth.

ISS presidents

Incoming and outgoing ISS Presidents visit Magnetica’s booth.

Some very interesting discussions over coffee, while Antonio is hard at work.

Our sister company, Adaptix, was also exhibiting, and a broad range of societies attended the meeting.

The enthusiasm for the upcoming commercialisation of our compact MSK extremity 3T MRI system was tangible and very encouraging as we prepare to introduce our product to the MSK community.

We have many exciting activities planned for the coming year. Please visit our events page if you’re interested to learn where we will be exhibiting next.