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Imricor books $188k in first US sales of MRI-guided heart-procedure platform

The device maker's third-quarter filing shows two children's hospitals as initial buyers, with revenue still tiny and US$62.1m in cash behind the ablation-catheter approval effort.

13 Nov 2026 · Imricor Medical Systems, Inc. · Company news

Imricor Medical Systems has turned a regulatory milestone into its first American revenue: US$188k in the quarter ended 30 September 2026, according to a report dated 13 November. The sum is small, and it signals a commercial rollout that has only just begun.

The buyers so far are two paediatric centres, Rady Children's in San Diego and Children's Medical Center Dallas. They purchased the NorthStar iMR system, which supports cardiac catheter procedures performed under MRI guidance. The US Food and Drug Administration has widened the labelling for both NorthStar and the Vision-MR Diagnostic Catheter to cover paediatric use, though the summary available to us gave no further detail on the clearances.

The larger prize sits in the ablation pipeline. The FDA has accepted and closed the manufacturing module of Imricor's premarket approval (PMA) application for the Vision-MR Ablation Catheter. Context: PMA is the agency's most demanding pathway for high-risk devices and is often filed in modules. Closing one module is a procedural step, and the information available does not describe the remaining review or any timetable for a decision.

Imricor also said it had completed 510(k) submissions for its NavTrac introducers. A 510(k) rests on showing substantial equivalence to a device already legally marketed. No clearance has been reported. The company ended the quarter with US$62.1m in cash. The original headline mentioned a Philips compatibility declaration, but we have no details on it and do not characterise it here.

Why it matters

  • US$188k of quarterly revenue points to a very early launch; the filing offers no basis yet for judging adoption or pricing.
  • Starting with two children's hospitals gives Imricor named reference sites, and the paediatric label expansions widen the population it can address in the US.
  • The ablation catheter PMA is the key pipeline item, but only one module has been closed and no decision timing is available.
  • The NavTrac introducers are under FDA review, with no clearance reported, so they are not yet a revenue contributor.

Company's press release (SEC filing): Imricor Medical Systems, Inc. ↗

Written by CompePharma's editorial system from the company's filing; claims are the company's. AI-assisted; check the source before acting. Not investment advice.

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