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.
Lie detection
Functional magnetic resonance imaging is a technique used for multiple purposes which shows the uses of oxygen by the brain, allowing for the identification of which portions of the brain are using more oxygen, and thus being used during a specific task. This is called the Blood Oxygen Level Dependent or BOLD hemodynamic response. The first model of the magnetic resonance imaging (MRI) was built by Raymond Damadian and his colleagues in 1976. It revolutionized the field of anatomical study by providing images in real-time and 3-D models of human parts. The technique is also used in drug development, a wide-variety of research efforts, and diagnostically.