MagneVu, located in Carlsbad, California produced the MagneVu 1000 (Applause™), a portable in-office magnetic resonance imaging scanner. Founded and incorporated in 1991, the company has financed its operations through the sale of private equity and debt to accredited investors, corporate partners, and venture capital. MagneVu won a trophy in the life sciences category for developing the low-cost MagneVu 1000, a device with unique features that aids physicians in providing state of the art arthritis care.
In May 2008 MagneVu, Inc. went out of business (Chapter 7 liquidation filing under bankruptcy).

MRI Scanners:

0.2T:

From MagneVu;
The MagneVu 1000 is a compact, robust, and portable, permanent magnet MRI system and operates without special shielding or costly site preparation.
This MRI device utilizes a patented non-homogeneous magnetic field image acquisition method to achieve high performance imaging. The MagneVu 1000 MRI scanner is designed for MRI of the extremities with the current specialty areas in diabetes and rheumatoid arthritis. Easy access is afforded for claustrophobic, pediatric, or limited mobility patients.
In August 1998 FDA marketing clearance and other regulatory approvals have been received.
Until 2008, over 130 devices in the US are in use. Some further developments of MagneVu's extremity scanner are: 'truly Plug n' Play MRI™' and iSiS ( which adds wireless capability to the second generation MV1000-XL).

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General Electric (GE) agreed to buy diagnostic systems maker Lunar Corp. for $150m. in March 2000. In 2004/05 it seems that the integration process into GE Healthcare has been completed. (GE Medical Systems and Amersham announced in April 2004 the completion of a share exchange acquisition of Amersham Health by GE. The result of this acquisition is the new GE Healthcare, based in the UK, totally owned by General Electric (GE).

The U.S.-based company developed bone densitometers and scanning machines that measure bone density as a way of diagnosing osteoporosis and other metabolic bone diseases. GE Lunar marketed these products worldwide.
GE Lunar announced a distribution agreement with MagneVu for domestic sales of the MagneVu 1000, a portable MRI device for orthopedic use, under the trade name Applause™.
GE Lunar was the exclusive U.S. distributor of MR-devices manufactured by Esaote S.p.A. These compact in-office MRI™ machines are designed to fit all practice sizes in orthopedic imaging and complete the range of diagnostic imaging systems.