Albemarle imaging-based medical technologies company expanding | Local News

Rivanna, an imaging-based mostly health care systems firm in Albemarle County, is investing $260,000 to develop and renovate its facility.

Co-founder and Chief Executive Officer Will Mauldin stated the local community is viewed as a important stakeholder in the company’s accomplishment, which is one of the causes it was named right after the Rivanna River.

“It’s our mission to serve health treatment suppliers and sufferers with new innovative clinical technologies, but also to serve the group by contributing in a beneficial way to a vivid financial system and unparalleled staff working experience with a growing range of substantial good quality careers,” Mauldin mentioned at an announcement celebration exterior the company’s facility on Hunters Way.

Earlier this 12 months, the firm was awarded a federal authorities deal with Biomedical Advanced Analysis and Development Authority, an company within just the U.S. Division of Health and fitness and Human Providers, for the design and style and development of a computer system-aided 3D fracture detection and diagnosis item known as Accuro XV.

BARDA will present $11.6 million to Rivanna around two a long time with choices for additional funding to aid additional enhancement up to $65 million.

“We’re using our imaging-centered technology and putting it into a medical countermeasure merchandise that will deal with the bottlenecks in mass casualty trauma circumstances,” Mauldin mentioned. “This is a massive award for the enterprise and that, in addition to our developing profits, is what’s truly driving the development of the enterprise right now.”