Pharos Capital
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Pharos II
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Aurora Imaging Technology
MRI system for 3-D bilateral breast imaging


Company Profile
FUND
Pharos II
Status
Previous
Year of Investment
2006
location
North Andover, MA
sector
Medical Devices / Diagnostic Imaging
strategic focus
Dedicated breast MRI imaging for early cancer detection
During the time of our ownership, Aurora Imaging Technology, based in North Andover, MA, developed and manufactured the Aurora 1.5T Dedicated Breast MRI System with Bilateral RODEO, the first and only FDA-cleared MRI system designed specifically for breast imaging. The Aurora System imaged more anatomy with less distortion than conventional MRI systems and allowed for the use of advanced imaging techniques and interventional applications such as biopsies and therapy. The Aurora System enabled major improvements in the detection, diagnosis and treatment of breast cancer by greatly increasing the ability to detect cancer early in its development and providing radiologists and surgeons with improved pre- and post-operative images. By providing more accurate readings, the Aurora System reduced both the costs and patient anxieties associated with unnecessary biopsies and surgeries. The Aurora System was in clinical use at a growing number of leading breast care centers.
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