Iradimed Corp. IRMD

What this company does

IRADIMED CORPORATION develops, manufactures, markets and distributes Magnetic Resonance Imaging (MRI) compatible medical devices and related accessories, disposables and services relating to them. The company was originally incorporated in Oklahoma under the name IRI Development, Inc. in 1992, and it merged its Oklahoma corporation into the newly formed Delaware corporation, IRADIMED CORPORATION, in April 2014. It is the only known provider of a non-magnetic intravenous (IV) infusion pump system that is specifically designed to be safe for use during MRI procedures and operates dependably in magnetic fields up to 15,000 gauss. It sells its products primarily to hospitals and acute care facilities, both in the United States and internationally. Internationally, it markets its products into approximately 80 countries through the use of independent distributors. As of December 31, 2025, the company had 166 full-time employees, including 55 in manufacturing and service, 68 in sales, marketing and customer support services, 14 in regulatory affairs and quality assurance, 14 in finance and administration and 15 in research and development.

Written from the business description in IRADIMED CORPORATION's annual report to the U.S. Securities and Exchange Commission, filed 6 March 2026. Every sentence was checked against that document before publication.