Raymond Damadian
Damadian is the company's largest shareholder, with 8% of stock worth $6.5 million. Despite owning only 8% of the stock, he maintains almost 100% control of the company through a separate class of shares (Class C) that only Damadian controls 2007. Damadian later collaborated with Wilson Greatbatch, one early developer of the implantable pacemaker, to develop an MRI-compatible pacemaker. He invented a stand-up MRI system and has 15 MRI scanning centers across the United States. There are a number of independent MRI centers that use this technology both in the U.S. and around the world. The company conceived and built the world's first Upright Multi-Positional MRI, which was recognized as The Invention of the Year in 2007 by the Intellectual Properties Owners Association Education Foundation.
Ferenc A. Jolesz
The team, consisting of members of the departments of Radiology and Otorhinolaryngology and the neurosurgical service at BWH and industrial collaborators from General Electric Medical Systems, developed and built an entire operating suite built around a specially-designed 0.5 Tesla MRI scanner that allowed ongoing patient scans to be obtained during a surgical procedure. Information from the scans, including imaging data registered with three-dimensional models created from pre-operative imaging, was available to the surgical team to help guide the procedure. The system became known as MRT (for Magnetic Resonance Therapy) at BWH and commercialized by GE Medical Systems as the GE Signa SP.