Yes I have been a buyer down here. The new stand up MRI could turn into a big seller, and they have a dedicated breast MRI scanner in the works, and I don't have to tell you the press/sales that will generate.
I just read they hold 63 patents. And they have defended them in the past, and won, all the way to the US Supreme Court.
In 1992, FONAR began to utilize the legal process to protect its patents and intellectual property. It has successfully obtained satisfaction from nearly every one of its competitors in the MRI industry, including giant multi-nationals such as Toshiba, Siemens, Shimadzu and Philips. In May 1995, after a lengthy legal battle with General Electric, FONAR won a jury decision on two of its patents, the Multi-Angle Oblique patent and the Cancer Detection patent. These were upheld by the Federal Circuit Court of Appeals in February 1997. On May 27, 1997 the U.S. Supreme Court ordered GE to pay FONAR. GE paid FONAR $128,705,766 for the infringement of FONAR's patents. On October 6, 1997 the U.S. Supreme Court rejected GE's final attempt to reverse the decision. |
