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Hallmarq Veterinary MRI Receives Queens Award for Enterprise in Two Categories


April 21, 2015 - Acton, MA

ACTON, MA--(Marketwired - April 21, 2015) - Hallmarq Veterinary MRI has received two of the United Kingdom's most prestigious awards for outstanding and sustained business achievement. Hallmarq is one of only two companies this year to be awarded two accolades with the Queen's Award for Enterprise -- namely in international trade and innovation.

The awards are the highest honours that can be bestowed upon a UK company and the winners are decided upon by Her Majesty the Queen and presented at a reception at Buckingham Palace.

Hallmarq's success has been driven by their standing equine MRI (sMRI) and more recently their high-field PetVet MRI for cats and dogs. The sMRI is a world first and remains the ONLY standing equine MRI. The innovation has completely changed how veterinarians approach equine lameness, removing the risk of anesthesia and allowing horses to be diagnosed and treated more effectively than ever before.

The international trade award reflects the company's global success as the sMRI is now used by veterinarians in 22 countries, including Dubai, Japan, Brazil, Australia, Europe and North America, with over 50,000 horses scanned worldwide.

The sMRI was invented and is still manufactured in the UK, but the company has had a truly global perspective from business start-up and the company focus is very much on working with veterinary specialists around the world. It has North American offices in Massachusetts, with further offices due to open in Australasia.

Magnetic resonance imaging (MRI) uses radio waves to create images of organs and structures inside the body. MRI can show veterinarians both the soft tissues structures and bone while X-rays can only image bone. With complex ligaments and tendons in the horse's hoof this ability is of special value.

As a result of standing MRI, horses need not be anesthetized to undergo an MRI procedure. Anesthetic deaths and injuries during recovery are a significant risk in horses, so the sMRI can be used as a diagnostic tool safely and routinely, not just for high performance horses but also much loved family ponies too.

As MRI has a diagnostic success rate in the region of 90%, the ability of veterinarians to successfully treat all kinds of lameness has changed forever as a result of its use. 

Hallmarq CEO Dr Jos Belgrave is also an experienced equine veterinarian, "It's wonderful for the company and those who work here to receive awards and recognition, especially one as important as a Queen's Award for Enterprise. Receiving two awards exceeded all our expectations."

He continued, "Hallmarq's sMRI innovation has genuinely helped alleviate pain and saved the lives of thousands of horses around the world. That in itself is very rewarding."

The commercial success of sMRI is due in no small part to the innovative commercial protocols introduced by Hallmarq which see veterinary practices partnering with the company, using a 'pay as you go' invoicing model. This model has increased accessibility to MRI as a tool.

With a focus on the needs of the veterinarian and the animal at the heart of further innovation, the company's latest MRI is aimed at companion animals. The high field 1.5 Tesla PetVet system is designed around veterinary requirements in imaging terms -- from positioning the animal, to the use of innovative dual coil technology for clearer imaging of hard to view structures. With no need for a purpose built shielded room and with 30 percent lower ownership costs compared to other high field systems, Hallmarq is set to change the approach to diagnoses for cats and dogs too. 

About Hallmarq Veterinary Imaging
Hallmarq Veterinary Imaging is the pioneer of species-specific MRI diagnostics, being the sole global manufacturer of high field MRI systems specifically designed for companion animals and standing equine MRI. The Hallmarq team has decades of experience in the design and manufacture of global clinical, research and industrial MRI systems for a range of applications. The company initially revolutionized the diagnosis of equine lameness with the development of the only standing MRI for horses before applying its expertise to small animal diagnostics. Find out more at www.hallmarq.net.

Illinois Blasdel
913-579-5958
illinois@dmhadv.com

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