Farewell MDX


Now that I finished at MDX I’ll remember all the people, and a few achievements including:

1. Encouraging the use of blogs and wikis both internally and in medical imaging. Particularly good for keeping in touch with CN.
2. Making a connection with open access publisher BioMed Central.
3. Developing a good relationship with Reuters (nice working with Jeremy Snelling in Reuters Health).
4. Writing a handful of keynote articles (eg below).
5. Campaigning on the EU EMF Directive which effectively would have banned the use of MRI.
6. Social media optimization: using newly introduced Google News comments to good effect (not to mention persuading them to list our new RSNA community in News after first being turned down).

Not to mention gets Reuters in China to talk to Medicexchange in China about content.

I guess you could say I cared about content. Would have been good to see a link up with the healthcare technology rating website KLAS, though I appreciate that business strategy certainly wasn’t my job. Anyhow now I’m working on a new social networking site, with backing from Microsoft UK, so I hope some of that MDX experience will come in useful. Finger’s crossed!

Anyhow enough of my perspective, having just racked down (21 May) compete.com its nice to see how MDX has fared against its principal rival Aunt Minnie, over the year. It looks good. Nice to be part of bringing a PLC to life.

Medicexchange vs Aunt Minnie

Blood and oil find common ground in Texas


Thanks to Diagnostic Imaging for this one:

In an unlikely gathering, representatives of medical imaging and petroleum industries met Nov. 12 at the University of Houston to explore common mechanical problems associated with moving blood and oil through vessels and pipelines.

The Pumps and Pipes I conference, sponsored by ExxonMobil, the Methodist DeBakey Heart Center, and the University of Houston, attracted a standing-room only crowd of nearly 150 radiologists, cardiologists, surgeons, medical device manufacturers, geologists, and engineers, according to Dr. Alan B. Lumsden, a vascular surgeon at Methodist and organizer of the event.

“We wanted to stimulate discussion, spark ideas, and share new technologies between these industries that face similar challenges, even if on a very different scale,” Lumsden said.

Speakers alternated between lectures on medicine and oil, each series giving a parallel example of the close relationship between the two disciplines.

Dr. King Li, formerly the chair of the imaging sciences program at the National Institutes of Health and now radiology chair at Methodist Hospital, gave an overview of medical imaging. His lecture was followed by an overview of the imaging used in the oil and gas industry, such as MRI, ultrasound, and CT.

A lecture on left ventricular assist devices was followed by one on subsurface pumps and another on atherosclerosis was followed by one on corrosion and scale management.

Common ground between medical imaging and oil exploration can be found in stent grafts used to open arteries and expandable casings used to hold open and waterproof oil and gas pipelines. A 20,000-foot-deep oil hole has to be lined with a steel casing to prevent it from leaking as the oil gushes upwards.

“As surgeons who treat aneurysms know, we struggle with branches and stent grafts. The petroleum industry is the world’s leader in joining tubes together and making them waterproof,” Lumsden said.

The oil industry uses ultrasound to plan drill locations and drills have MRI built into them to give engineers a real-time view of geological strata. The drills are also remotely navigated with the help of sensors and CT is used in planning.

“They are very sophisticated, from an imaging standpoint,” Lumsden said.

Lumsden, who is interested in minimally invasive intervention, likes the concept of having cross-sectional real-time MR imaging capabilities in the drill, or catheter, as it snakes its way through a femoral artery, remotely navigated using 3D CT reconstructions to view the occlusion.

Oil and gas pipelines around the world are remotely monitored with the help of satellite technology to ensure their proper functioning.

“Could you imagine a graft in a patient with a remote monitoring device that would indicate when the graft is failing?” Lumsden asked.

The connection between blood and oil goes back 40 years to when surgeon Lazar Greenfield lamented to a friend in the oil industry about blood clots traveling to the lungs and killing patients. The friend recognized the similarity to the oil sludge that clogs up pipelines, for which they use a conical filter. The Greenfield vena cava filter was born shortly thereafter and has been deployed thousands of times since.

Lumsden is already planning Pumps and Pipes II.

In the meantime, one blogger, commenting on the conference, made a different connection between the two industries by asking, “Will this help with the chest pains I get when I fill up my car these days?”

Visage Imaging work with Medicsight


Great to see at RSNA in Chicago that Visage Imaging, which was formed out of Mercury Computers (which has been active with using PS3 tech for medical imaging) is now working with our sister company Medicsight:

Visage Imaging and Medicsight announce collaboration to provide thin client-based CT colonography solution

Varian Medical Systems on the rise


Seems like my note on Varian Medical Systems (Public, NYSE:VAR) in mid-September was worthwhile, as its gone from 39+ on Sept 19, to 48+ today Oct 29th.

Look: IT firm not ‘it’; reports on radiology firm glow


Look: ‘IT firm not ‘it’; reports on radiology firm glow‘.. yep, I agree too in the general idea of teleradiology’s growth too.

Onex Carestream Kodak


Hmm, thanks again to Google Finance, I’ve spotted a discrepancy with the value of Onex, which owns Carestream, which was Kodak’s imaging arm. While Onex (OCX) shares were around 22 in Sept 2006, they are now at 34, down from 41 peak, but part of upward trend (see below). You do the math, buddy:

UPDATE 2-Onex “very optimistic” about future deals -CEO
Reuters – 9 Aug 2007
Onex profit more than triples
Reuters – 9 Aug 2007
Onex Corporation: Bidder Interested In DaimlerChrysler AG’s Chrysler Are Expected to Submit Second Round of Offers Within The Next Week-WSJ
Reuters Key Development – 18 Apr 2007

Mercurial systems


One to watch – Mercury Computer Systems (MRCY) which recently launched Visage Imaging. 52 Week High = 14.66; currently pretty near the low; watch?

PS: Talking about ‘mercury’ heard the amazing news that the first emperor of China is reportedly buried with rivers of mercury surrounding him. Got to get to that exhibition at the British Museum. Was a great BBC TV documentary last night. Loved the moment where the two curators laughed at being sent an acrobat with one leg. I think you missed the point there.

Medical imaging markets coverage


I’ve decided to start medical imaging markets coverage on this blog, trying to post something once a day.

My self-confidence in predicting patterns before others is based on science I’ve worked on since 1999.

A few trivial examples which exemplify the value of chance and luck in understanding patterns and behaviour, being in the ‘right place at the right time’; I will be using my own trained instincts, not someone else’s system in other words:

1. Spotting Kaka as the best footballer in the world a fair few months before Sir Alex Ferguson.

2. Spotting the value of ‘shift handover’ in health and taking that to the NHS Innovation Centre for consideration.

3. Spotting Leicester as a property market worthy of consideration at a time of market turbulence, just a few months before the new Eurostar terminal opens on 14 Novermber, just down the train line from Leicester.

4. Spotting the value of upright MRI manufacturers FONAR (FONR) just before I confirmed their stock recently increased by 90%. Maybe worth buying?

Then again strange how Agfa-Gevaert which has just won a five year $35m contract has seen its shares fall. Though as reported in Medicexchange it’s not the only fall in share price its seen recently: “Belgian imaging technology group Agfa-Gevaert delayed its planned split-up after second-quarter results fell below market expectations.” Their Oct 31, 2007 Q3 2007 Earnings Release should be fun.

PS: If you have a tip on a med imaging company feel free to contact me in confidence by email.