Fujikura Ltd and Micro-Imaging Solutions Enter into License Agreement for
CMOS-based Imaging Technology
Micro-Imaging Solutions’ Proprietary Imaging Technology Has Potential to
Revolutionize the $6 Billion Global Endoscopy Market
MD&M East 2013
TOKYO & DENVER -- May 31, 2013
Fujikura Ltd and Micro-Imaging Solutions (MIS) announced that they have
entered into a license agreement to jointly co-market nano-sized,
complementary metal-oxide semiconductor, or CMOS, based endoscopes. The
collaboration leverages the large, commercial scale production capabilities of
Fujikura and the proprietary imaging technology of MIS.
MIS owns over 30 issued world-wide patents relating to micro-format CMOS
sensor technology and advanced technologies to revolutionize the traditional
endoscopic market by providing low-cost, disposable and high-resolution
endoscopes. MIS’ proprietary imaging technology enables high-resolution
disposable endoscopic devices for the medical marketplace. The global market
for endoscopy was worth $6.2 billion in 2011, is growing at a compound annual
growth rate (CAGR) of approximately 9.77% and is expected to reach
approximately $10.9 billion by 2017.
An endoscope is a medical device consisting of a long, thin, flexible tube
which has a light and a video camera. Images of the inside of the patient’s
body can be seen by the physician on a screen. Endoscopy is a minimally
invasive diagnostic medical procedure used to examine the interior surfaces of
an organ or tissue.
Fujikura is a global technology company with 52,400 employees and 2012 revenue
of $4.8 billion.
With the establishment of the MIS patent license, Fujikura will begin shipping
their 1.2 millimeter diameter CMOS module which consists of lens, chip, cable
and connector in 2013. With the Fujikura module, medical device manufacturers
will enjoy enhanced design flexibility for disposable/reusable diagnostic and
surgical devices under the MIS CMOS patent umbrella. Fujikura designs custom
CMOS-based endoscopes on an OEM basis. The MIS license agreement is slated to
continue through 2025 with the potential to expand into multiple additional
medical fields where both parties believe there is opportunity to enhance the
surgeon’s capabilities while improving patient outcomes through the use of
Fujikura will be demonstrating their disposable endoscopes and CMOS camera
modules at MD&M (Medical Design & Manufacturing) East (www.mdmeast.com),
Philadelphia, June 18-20, 2013, booth#4008.
“Fujikura is extremely excited about the broad applicability of this
technology and the expert imaging development capabilities of the MIS
engineering team,” stated Mr. Tsumanuma, Associate Executive Officer of
Fujikura’s applied optics business unit.
Jeffrey L. Adair, CEO of Micro Imaging Solutions, stated, “Partnering with
Fujikura further validates the already well established MIS CMOS imaging
technology platform, while providing us with industry-leading medical device
expertise and experience essential to maximizing this technology’s commercial
market potential in a $6 billion a year industry. Fujikura has been terrific
to work with and we look forward to a long and prosperous relationship.
Fujikura Ltd., part of the Fujikura Group, is a global technology company with
52,400 employees and 2012 revenue of $4.8 billion. More information about the
company may be obtained by visiting www.fujikura.co.jp/eng.
About Micro-Imaging Solutions
Founded in 1994, Micro-Imaging Solutions is a Denver, Colorado-based
technology development company focused on designing and enabling
high-resolution disposable endoscopic devices for the medical marketplace.
With 30 issued world-wide patents and a line of endoscopes developed and ready
for near-term commercialization, MIS is poised to revolutionize the
traditional endoscopic market by providing low-cost, disposable and
high-resolution endoscopes. To date, MIS has executed four licenses with
endoscopic leaders who are commercially advancing this CMOS-based technology
in the medical marketplace.
John G. Adair, 720-308-9006
Founder, and Executive Chairman
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