Recent Stories
2006-03-16 See all News
08:32:01 - Donnerstag
Imagin Molecular Corporation Targets Self-Insured Corporate Healthcare Companies
Business Editors
OAK BROOK, Ill.--(BUSINESS WIRE)--March 16, 2006--
Imagin Molecular Corporation (OTCBB:IMGM) (Imagin)
announced today identification of additional markets to benefit from
their Coronary Disease Reversal and Prevention Centers. Imagin it set
to release a landmark report that will demonstrate a 25% or greater
reduction of total coronary disease management costs. The report will
further show direct and indirect financial benefits for corporations
who choose to self-insure. Imagin intends to offer full outsourced
solutions to large self insurers such as unions, federal and local
government agencies and large corporations such as General Motors,
Wal-Mart, etc.
Imagin through its affiliates has access to a clinical and
economic database of Coronary Artery Disease (CAD) patients and their
complementing applications, results and outcomes. Imagin will use this
information to assist in their new implementation for patients and
corporations to better detect and treat coronary disease, lower health
management and treatment costs, lower obesity and diabetic rates,
lower mortality rates and increase productivity in the work place
through a healthier more stable work force.
Imagin's solution and approach represents the inevitable shift
from traditional methods of coronary disease management to less
invasive imaging followed by non-surgical therapies. Imagin, through
its Coronary Disease Reversal and Prevention Centers, is positioned to
be the first company to offer such techniques to larger companies as a
solution to their largest expenditure of healthcare dollars.
Joseph Oliverio, CEO of Imagin states, "Imagin's access to data
and execution model will position Imagin to be the logical choice of
coronary disease management contracts from self-insured large
corporations. Imagin will be the first to demonstrate benefits with
real patient data that will prove substantial patient and economic
improvements much greater than the current practice. In the past,
studies have only demonstrated theory through econometric data without
the clinical applications and results that Imagin possess. With
cooperation from Positron Corporation, we will be able to deliver
affordable PET and PET / CT devices for widespread distribution to
Imagin supported centers markets. In addition Positron Corporation is
currently implementing innovative software solutions specific to the
coronary disease reversal and prevention market further positioning
them to be the market leader in the industry."
About Imagin Molecular Corporation:
Imagin Molecular Corporation strategy and focus is dedicated to
business opportunities in positron emission tomography (PET)
manufacturing and the diagnosis of cancer, heart disease and
neurological diseases. PET is an advanced medical diagnostic imaging
procedure used by physicians in the detection of certain cancers,
coronary disease and neurological disorders including Alzheimer's
disease. Imagin Molecular Corporation has positioned the Company to be
a factor in PET and ancillary molecular imaging businesses. Imagin
Nuclear Partners, a wholly owned subsidiary of Imagin Molecular
Corporation, is a full-service joint venture molecular imaging partner
that will own, operate and administer out-patient medical diagnostic
imaging centers that utilizes PET and PET/CT scanning equipment.
Imagin Nuclear Partners specializes in using evidence based
bioinformatics specifically positioned in the market to provide the
maximal cost effective benefit to their joint venture partner and the
community. Imagin Molecular Corporation is also the parent of Cipher
Multimedia, Inc., a new media marketing and distribution solution
company that provides a Distribution Solution for publishers of
digital content.
About Positron:
Positron Corporation designs, manufactures, markets and supports
advanced medical imaging devices utilizing positron emission
tomography (PET) technology under the trade name POSICAM(TM) systems.
POSICAM(TM) systems incorporate patented and proprietary technology
for the diagnosis and treatment of patients in the areas of oncology,
cardiology and neurology. POSICAM(TM) systems are in use at leading
medical facilities, including the University of Texas -- Houston
Health Science Center; Buffalo Cardiology and Pulmonary Associates in
Buffalo, New York; Beth Israel Medical Center in New York City, NY;
The Hear Center of Niagara in Niagara Falls, NY; Emory Crawford Long
Hospital Carlyle Fraser Heart Center in Atlanta; and Nishidai Clinic
(Diagnostic Imaging Center) in Tokyo. Additional information may be
found at www.positron.com/.
Forward Looking Statements
Certain statements in this release, and other written or oral
statements made by the Company, including the use of the words
"expect," "anticipate," "estimate," "project," "forecast," "outlook,"
"target," "objective," "plan," "goal," "pursue," "on track," and
similar expressions, are "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. These forward looking
statements are subject to known and unknown risks, uncertainties and
other factors that may cause actual results, performance, or
achievements of the company to be different from those expressed or
implied. The Company assumes no obligation and does not intend to
update these forward looking statements. Among the important factors
that could cause actual results to differ materially from those
indicated by such forward looking statements include, without
limitation: competitive and general economic conditions, adverse
effects of litigation, the timely development and acceptance of
services, significant changes in the competitive environment, the
failure to generate or the loss of significant numbers of customers,
the loss of senior management, increased government regulation or the
company's failure to integrate its acquired companies to achieve the
synergies and efficiencies described in the "Management's Discussion
and Analysis" section of the Company's Form 10-KSB and other reports
and filings with the Securities and Exchange Commission, which may be
revised or supplemented in subsequent reports on SEC Forms 10-QSB and
8-K.
For further information please contact Joseph Oliverio at Imagin
Molecular Corporation at (716) 989-4411.
KEYWORD: NORTH AMERICA ILLINOIS NEW YORK UNITED STATES
INDUSTRY KEYWORD: HEALTH CARDIOLOGY HOSPITALS MEDICAL DEVICES RADIOLOGY RESEARCH & SCIENCE PROFESSIONAL SERVICES HUMAN RESOURCES INSURANCE
SOURCE: Imagin Molecular Corporation
CONTACT INFORMATION:
Imagin Molecular Corporation
Joseph Oliverio, 716-989-4411