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.
Surface nuclear magnetic resonance
The MRS technique was originally conceived in the 1960s by Russell H. Varian, one of the inventors of the proton magnetometer. SNMR is a product of a joint effort by many scientists and engineers who started developing this method in the USSR under the guidance of A.G. Semenov and continued this work all over the world. Semenov’s team used nuclear magnetic resonance (NMR) for non-invasive detection of proton-containing liquids (hydrocarbons or water) in the subsurface. The Institute of Chemical Kinetics and Combustion (ICKC) of the Siberian Branch of the Russian Academy of Sciences fabricated the first version of the instrument for measurements of magnetic resonance signals from subsurface water ("hydroscope") in 1981.