Kopp Development Inc. announced it has acquired Mednovus Inc. Ferromagnetic Detection business.
With the acquisition, Kopp Development is expanding its MRI safety product line to include the hand-held FerrAlert Target Scanner line. With the addition of the hand-held detector products, Kopp now has a product for all aspects of MRI safety regarding the magnetic field of the MRI machine.
In addition to the products and the FMDS technology, Kopp has acquired 8 additional patents. Kopp now has 23 U.S. and international patents with more patents pending.
“I am very excited by this acquisition. Mednovus is a proven leader in the field. With over 2,000 detectors in use, their track record is well established. We intend to build upon this foundation to make the MRI experience safer for all,” Koop Development Inc. President Keith Kopp said.