Follow the Money to Medical Devices & Diagnostics
Spotlight on Aspect Imaging, Inc.

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Follow the Money to Medical Device & Diagnostic Opportunities highlights a newly funded medical device or diagnostic company. This includes important insights into the featured company’s product pipeline, manufacturing and business relationships, and likely sourcing opportunities.

Aspect Imaging, Inc. is a private company based in Israel that develops and manufactures preclincial MRI systems. It raised $30 million in the completion of a venture capital investment as reported in the PharmSource Lead Sheet on April 20, 2017.

Corporate Highlights

  • Aspect Imaging was founded in 2000
  • Corporate Headquarters: Shoham, Israel

Sourcing Opportunities

  • Aspect Imaging plans to use the proceeds to support the development of its Embrace Neonatal MRI system and its stroke-dedicated MRI system:

Device: The Embrace Neonatal MRI System™
Development Phase: Pre-feasibility studies
Medical Specialty: General Hospital
Purpose: Device – in vivo/Imaging device
Type: System/System accessory; Instrument/tool
Description: A MRI system that scans newborns within the NICU to diagnose a variety of conditions.

Device: The Stroke-dedicated MRI System™
Development Phase: Pre-feasibility studies
Medical Specialty: General Hospital
Purpose: Device – in vivo/Imaging device
Type: System/System accessory; Instrument/tool
Description: A MRI system that provides immediate scans of stroke patients within the ER.

Previous Financings:

  • July 2016: $20 million in a completed venture capital investment

Medical Device & Diagnostics Pipeline1

Product Candidate Indication Medical Specialty Purpose Type Status
Embrace Neonatal MRI System Diagnosis of various neonatal conditions General Hospital Device – in vivo/Imaging device System/System accessory; Instrument/Tool Pre-feasibility studies
Stroke-dedicated MRI System Stroke General Hospital Device – in vivo/Imaging device System/System accessory; Instrument/Tool Pre-feasibility studies
WristView MRI System Imaging of the wrist Radiology Device – in vivo/Imaging device System/System accessory; Instrument/Tool Approved/Cleared

Regulatory Approvals and Clearances

Product Candidate Region Approval/Clearance Year of Approval or Clearance
WristView MRI System US 510(k) 2013

1Source: PharmSource Lead Sheet

Contact Information

Aspect Imaging, Inc. Key Officers
29 Hashaked Street, PO Box 926 Uri Rapoport, President & CEO
Shoham, 60850 Israel Israel Citron, VP, QA & Regulatory Affairs
Phone: +972 73 2239000 Peter Bendel, PhD, CTO
Fax: +972 3 7165606 Atzmon Ben-Shlush, VP, Operations
Web: www.aspectimaging.com Robert Sandler, SVP, Marketing

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Scotty is a Research Analyst at PharmSource. He holds a BS degree in Biology from George Mason University and an MPH degree from Eastern Virginia Medical School. He’s experienced in data collection, analysis and management, and has done laboratory analysis and safety program development.

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