• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

MassDevice

The Medical Device Business Journal — Medical Device News & Articles | MassDevice

  • Latest News
    • Cardiovascular
    • Orthopedics
  • Wall Street Beat
    • Funding Roundup
    • Mergers & Acquisitions
  • Podcasts & Webinars
    • Podcasts
    • Webinars
  • Resources
    • About MassDevice
    • Newsletter Signup
    • Leadership in Medtech
    • Manufacturers & Suppliers Search
    • MedTech 100 Index
    • Videos
    • Whitepapers
  • DeviceTalks Tuesdays
  • Coronavirus: Live updates
Home » MassDevice New Year’s Special | Hamid Tabatabaie

MassDevice New Year’s Special | Hamid Tabatabaie

December 27, 2010 By MassDevice staff

Hamid Tabatabaie

Hamid Tabatabaie
CEO, LifeImage

Medical image sharing company LifeImage is coming off of a high-growth year. The company added several employees in executive roles, raised several million in venture funding and landed a National Institutes of Health contract. CEO Hamid Tabatabaie says 2010 was a year for early adopters, however, and looks forward to 2011 for greater expansion for his cloud-computing based product.

We spent 2010 coming to market, catching some early adopters, and ramping up our company’s resources to be able to support some of the early adopters. 2011 is our expansion year. The year that we’re adding a significant amount of resources both in terms of personnel and our infrastructure, and we expect our early adoption to show up in fast growth. We have a network in mind – being able to connect consumers and physicians to imaging data from across the country. 2011 is when the market will see both the adoption and the robustness of this whole network. So its a big year for us.

This is a growing and new market, but the market itself has a lot of very large players in it, whether it’s the GEs (NYSE:GE), Siemens (NYSE:SI), Philips Electronics NV (NYSE:PHG) of the world that are major players in imaging, or the Microsofts (NSDQ:MSFT) and Google (NSDQ:GOOG) that are coming after the healthcare information exchange market. I don’t know who will be a competitor per se, but I do think the market is not gonna stay dormant. The market is going to become very vibrant. It will be more about partnerships and alliances, and I think over time, whether its throughout 2011 or beyond, we will see regional players. People on the west coast who will do a better job connecting versus east coast and so forth.

MassDevice New Year’s Special P/review

  • P/review: Introduction
  • P/review: Paul LaViolette
  • P/review: Stephen Ubl
  • P/review: David Lucchino
  • P/review: Euan Thomson
  • P/review: Brian DeChristopher
  • P/review: Christopher Delporte
  • P/review: Don Hardison
  • P/review: Brent Hudson

  • P/review: Hamid Tatabaie
  • P/review: Patrick Dentinger
  • P/review: Nancy Briefs
  • P/review: Brian Concannon
  • P/review: Ryan Howard
  • P/review: Ed Berger
  • P/review: Top stories of 2010

There are three real reasons why storing and serving medical images require a high degree of specialization that electronic medical record companies can’t offer. Number one is that images are far larger files than the rest of the medical record. Your blood pressure, medication history and vital signs may be as big as a couple of megabytes worth of data. A single CT study can be over a gigabyte — a thousand times larger — and the ability move that data around is a particular expertise, not just on the technical side, but also on infrastructure side. If you are a medical record provider that has a cloud offering, you’re dealing with non-medical images with an infrastructure that does need to be anywhere near as robust, so your investment is very different. The second reason is that visualization of imaging data is an art. The ability to show images in the diagnostic quality is not something to be taken lightly. Your average non-imaging file can have 8 bits — 256 colors — your imaging data needs to have over 4,000 shades of gray. The ability to insert that is not simply adding another piece of data. It’s a completely different nature. Finally, the speed of access to imaging data is very important. Doctors are very busy and if they need to deal with download, upload and visualization that take minutes, the product is just not usable. So saving the data in one thing; being able to serve it appropriately is another thing. Very much like the rest of industries, the imaging tends to be clear niche and its best served by good niche players. Particularly those of us who are very third party friendly. We make our software such that it easily lives inside the third party component, so there is nothing to be threatened or inconvenienced by.

Filed Under: Health Information Technology, Software / IT Tagged With: LifeImage Inc.

In case you missed it

  • Zimmer Biomet narrowly avoids shareholder rebuke on executive pay
  • FDA says Philips ventilator recall produced over 21,000 device reports, 124 deaths
  • Boston Scientific’s Acurate Neo2 valve performs well in studies
  • MicroTransponder reports first commercial implantation of its stroke rehab neurostim system
  • Ambu replaces CEO with new leadership
  • Moderna’s first bivalent COVID-19 vaccine booster candidate shows promise
  • AdvaMed joins Biden’s Joint Supply Chain Resilience Working Group
  • FDA clears Accelus’ Toro-L interbody fusion system
  • Teleflex’s UroLift cleared in China to treat BPH
  • Globus Medical announces first surgeries with Excelsius3D
  • Abbott reports positive data on heart valve therapies
  • OncoRes Medical raises another $12.5M
  • NeuroMetrix’s Quell neuromodulation device wins FDA de novo nod to treat fibromyalgia
  • Inogen appoints Agnes Lee as senior VP of investor relations, strategic planning
  • Google Health hires FDA’s chief digital health officer
  • ApiJect picks up $111M investment from Royalty Pharma, Jefferies
  • Expect more heart and lung failure years after COVID, Abbott’s heart failure CMO says

RSS From Medical Design & Outsourcing

  • Zimmer Biomet narrowly avoids shareholder rebuke on executive pay
    An unusually large share of Zimmer Biomet (NYSE:ZBH) investors voted against the orthopedics company’s pay packages for top executives at the annual shareholder meeting. About 54% of voting shareholders supported the pay packages of the company’s five top-paid executives at the May 13 meeting, according to results filed with the SEC yesterday. In 2021, nearly 93%… […]
  • BD, Mitsubishi Gas Chemical partner on better materials for plastic syringes
    BD (NYSE:BDX) announced that it partnered with Mitsubishi Gas Chemical Company on applying new technology to pre-fillable syringes. MGC develops the Oxycapt technology designed to integrate the best of plastic and glass for plastic syringes. BD and Tokyo-based MGC will work together to apply Oxycapt technology to the next generation of pre-fillable syringes (PFS) for advanced… […]
  • Ambu replaces CEO with new leadership
    Ambu today said it has hired board member Britt Meelby Jensen to replace CEO Juan Jose Gonzalez, effective tomorrow. “Since Juan Jose Gonzalez joined as CEO in 2019, Ambu has made good progress and achieved important milestones on the strategic transformation into the world’s largest single-use endoscopy company,” Ambu Chair Jørgen Jensen said in a… […]
  • AdvaMed joins Biden’s Joint Supply Chain Resilience Working Group
    AdvaMed executive Abby Pratt has joined the executive committee for the Biden administration’s Joint Supply Chain Resilience Working Group, the medtech industry association said today. The working group’s members from government and industry will assist with implementation of the National Strategy for a Resilient Public Health Supply Chain. Pratt oversees supply chain issues as SVP… […]
  • Toray develops new stretchable film for medical devices
    Toray Industries has a new stretchable film based on its proprietary polymer Reactis technology, with potential applications that include robotics and biological and industrial sensors. Tokyo-based Toray said it shipped samples to customers and plans research and development efforts to commercialize the new grade of film. “Recent years have increased the potential for developing stretchable… […]
  • Google Health hires FDA’s chief digital health officer
    Former FDA Chief Digital Health Officer of Global Strategy and Innovation Bakul Patel has started a new job with Google after 13 years with the regulatory agency. Patel became senior director, global digital health strategy and regulatory for Google Health earlier this month, he said on LinkedIn. Patel recounted highlights of his “incredible journey since… […]
  • Expect more heart and lung failure years after COVID, Abbott’s heart failure CMO says
    Two years into the COVID-19 pandemic, we know more than ever about the SARS-CoV-2 virus and how quickly it moves to ravage the human body. What remains to be seen is how the virus — and perhaps more importantly, our immune system’s response to it — will affect the health of people long after infection,… […]
  • FDA moves forward with Voluntary Improvement Program to bolster medical device quality
    Kathryn Burke, Emergo Group The U.S. Food and Drug Administration has issued new draft guidance to establish a full-blown voluntary program for improving quality-related processes in medical device manufacturing following promising results of a pilot program. The FDA guidance stems from a pilot undertaken by the agency along with the Medical Device Innovation Consortium (MDIC) in 2018.… […]
  • How Minnetronix Medical helped Lazurite with its wireless surgical camera
    Minnetronix Medical (St. Paul, Minnesota) has played an important development and manufacturing partner role with Lazurite’s wireless surgical camera system. It’s been nearly two months since Lazurite (formerly Indago) announced FDA 510(k) clearance of its ArthroFree system. ArthroFree combines proprietary low-heat, high-intensity Meridiem light engine technology with advanced camera, battery and wireless transmission technologies and… […]
  • Instron releases TrendTracker data analysis workflow platform
    Instron announced that it released the TrendTracker module in Bluehill Central for accelerating data analysis workflows. Norwood, Massachusetts-based Instron designed TrendTracker with an intuitive interface to improve the data analysis workflow of single or multi-location materials testing laboratories. According to a news release, the platform features quick searching and the ability to display and analyze… […]
  • Henry Schein hires former Medline veteran to drive ‘One Distribution’ push
    Henry Schein (Nasdaq:HSIC) today named Dirk Benson as VP and chief commercial officer of the medical device manufacturer and distributor’s North America Distribution Group (NADG). Melville, New York-based Henry Schein is the world’s largest provider of health care supplies and services for office-based dental and medical practitioners, and NADG is the company’s largest business group. The… […]

Leave a Reply

You must be logged in to post a comment.

Primary Sidebar

DeviceTalks Weekly

May 20, 2022
DeviceTalks Boston Post-Game – Editors’ Top Moments, Insulet’s Eric Benjamin on future of Omnipod 5
See More >

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
Need Medtech news in a minute?
We Deliver!

MassDevice Enewsletters get you caught up on all the mission critical news you need in med tech. Sign up today.

MDO ad

Footer

MASSDEVICE MEDICAL NETWORK

DeviceTalks
Drug Delivery Business News
Medical Design & Outsourcing
Medical Tubing + Extrusion
Drug Discovery & Development
Pharmaceutical Processing World
MedTech 100 Index
R&D World

Device Talks Webinars, Podcasts, & Discussions

Attend our Monthly Webinars
Listen to our Weekly Podcasts
Join our Device Talks Tuesdays Discussion

MASSDEVICE

Subscribe to MassDevice E-Newsletter
Advertise with us
About
Contact us
Add us on Facebook Follow us on Twitter Connect with us on LinkedIn Follow us on YouTube

Copyright © 2022 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Advertise | Privacy Policy | RSS