Fischer Medical Ventures Limited disclosed through a regulatory filing that its wholly owned subsidiary, Time Medical International Ventures (India) Private Limited (Time Medical India), has entered into a partnership with Parul Sevashram Hospital, Vadodara for the installation of a DRIS–iMRI Medharanya Suite.

The partnership involves the installation of an AI-enabled next-generation portable intraoperative MRI system at Parul Sevashram Hospital, Vadodara. The DRIS–iMRI Medharanya system is described as a revolutionary variant of MRI imaging technology that integrates Augmented Reality (AR), Artificial Intelligence (AI), Machine Learning (ML), and Exoscope technologies.

The intraoperative MRI platform is designed to provide surgeons with real-time visualization during complex neurosurgical procedures, enabling precision, safety, and surgical control. The system represents an integrated ecosystem that encompasses intraoperative imaging through MRI-DRIS, neurophysiology navigation, exoscope solution, machine vision, VR-AR and robotronics in one intelligent surgical ecosystem.

The partnership aligns with Parul Sevashram Hospital's vision of "Health for All" and its commitment to accessible, high-quality healthcare. The hospital serves as the teaching hospital of Parul Institute of Medical Sciences & Research, a constituent institute of Parul University, Vadodara, which has over 43,000 students including 2,500 international students from 68 countries.

The DRIS–iMRI Medharanya platform is being jointly developed by Time Medical India in collaboration with Dr. Iype Cherian, a globally renowned neurosurgeon who completed his M.Ch (Neurosurgery) at CMC Vellore and advanced fellowship training in Skull Base and Vascular Neurosurgery at Nagoya, Japan.

According to Ms. Svetlana Rao, Director of Time Medical India, this collaboration "is expected to enhance neurosurgical precision, improve clinical outcomes, and strengthen advanced neurocare capabilities at the hospital."

Time Medical International Ventures (India) Private Limited is headquartered in Chennai and specializes in the design and manufacture of high-performance, cost-effective MRI systems. The disclosure was filed under regulatory compliance requirements.

Financial Impact

Financial impact not quantified in the disclosure.