Biophan Files SEC Form 8K/A Regarding Acquisitions of MRI Biotechnology Companies aMRIs and MR Comp
Friday May 6, 4:09 pm ET
Filing Provides Additional Details Regarding 51% Ownership of aMRIs and Ownership in MR Comp
ROCHESTER, N.Y.--(BUSINESS WIRE)--May 6, 2005--Biophan Technologies, Inc. (OTCBB:BIPH - News), a developer of next-generation medical technology, has announced the filing of an SEC Form 8K/A report detailing its acquisition of technology innovators aMRIs and MR Comp, two German companies conducting research and development in advanced technologies involving Magnetic Resonance Imaging (MRI). Under the terms of the transaction, disclosed in the SEC Form 8K/A, Biophan acquired 51% of aMRIs GmbH, while aMRIs acquired 58.4% ownership of MR Comp GmbH.
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Biophan's acquisition of the companies brought a range of patents, technology and expertise that the Company expects will produce commercial solutions and products in a number of biomedical fields that may benefit from improved MRI safety and compatibility. aMRIs, renamed Biophan Europe after the acquisition, now serves as Biophan's principal marketing and research presence in Europe.
" Although these acquisitions of aMRIs and MR Comp are still quite recent, they have already started to yield significant benefits for Biophan," said Michael Weiner, Biophan CEO." For example, Biophan Europe has recently announced the start of important animal trials of a pioneering MRI-visible vena cava filter, which are used to prevent serious lung embolisms."
aMRIs develops active MRI systems for enhanced visualization and therapeutic applications. Among its technologies, in addition to the Vena Cava filter, are advanced MRI-compatible and active endovascular stents, filters, valves, occluders and catheters. One of the important technologies that came to Biophan as a result of the acquisition is aMRIs' resonant circuit technology, which enables the production of vascular stents and other medical devices whose interior can be accurately imaged by MRI systems. The interiors of current generations of stents cannot be well-imaged by MRI, requiring physicians to use more invasive methods to determine stent-related health, such as the presence of restenosis, or post-implantation blockage.
Biophan recently made available MRI images demonstrating the ability of its proprietary resonant frequency circuitry to enable the creation of clear and useful MRI images of Vena Cava filters. A Biophan news release about the technology can be read at www.biophan.com/pr/042605VenaCava.html. Samples of the Company's MRI images of Vena Cava filters can be viewed as a PowerPoint presentation by visiting www.trilogy-capital.com/tcp/biophan/presentation.html. Please click on the " Multimedia Content" option on the Biophan information page to view the presentation.
MR Comp tests medical devices for MRI safety and compatibility and provides comprehensive consulting services for product improvements, new product development and personnel training. As a developer of innovative biomedical products focused on MRI functionality and safety, Biophan expects to benefit from improved access to MR Comp's scientific expertise and equipment.
irgendwie seltsam.Freunde auf WO,versuchen dieses mal ausführlich auseinander zunehmen.Ich schätze,da wird noch eine Weile daran gearbeitet.Wenn einer von euch sich damit beschäftigen kann und sein Statement dazu abgeben möchte,immer gern.Es scheint diesmal so eine Art Indiana Jones Rätsel zu sein.
allen ein schönes WE