Biophan has developed a groundbreaking solution that, for the first time, will allow cardiac patients with implantable pacemakers to safely undergo MRI (magnetic resonance imaging) diagnosis. This solution resolves prior problems associated with electromagnetic interference and wire heating. Wilson Greatbatch is the inventor of the world’s first successful implantable cardiac pacemaker. He is also the co-inventor of the Company's MRI-compatible pacemaker technology that will enable implantable cardiac pacemakers and other life-sustaining medical devices to operate in the presence of MRI equipment. MRI is one of the most important diagnostic tools in medicine. Biophan currently has 41 patents pending on this technology. Since commercial introduction in 1961, nearly 5 million pacemakers have been implanted worldwide. Approximately 600,000 units have been implanted in 2001 alone.
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