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Amphion Innovations chief on m2m merger move

Richard Morgan, director at Amphion Innovations (LON:AMP), says the move to merge partner company m2m solutions with a private firm will result in array of products under one brand, serving the multi-billion dollar MRI marketplace in the US and Europe.

m2m Imaging Corp. specialises in developing magnetic resonance imaging (MRI) coils.

Speaking to Proactive, Morgan says the need for enhanced images for better disease detection and faster drug discovery has created a strong demand for solutions, such as the cryogenic coil.

The unnamed private company has advanced pulmonary imaging technology which is sold as an add-on component to an existing, already installed base of MRI machines.

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