ONI Medical Systems secures $12.5 million in funding

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ONI Medical Systems, Inc., the developer of the first, truly open, high-field extremity MRI system, said this week it has received a $12.5 million capital infusion led by Ziegler Meditech Equity Partners, L.P. The company intends to expand its product development and marketing efforts within the specialty MRI imaging market.

ONI is the maker of the MSK Extreme with v-SPEC, which combines high-field image quality in a compact, patient-friendly unit. Unlike whole-body MRI units, the MSK Extreme enables patients to have a comfortable testing experience where just the impacted extremity is enclosed by the magnet.