Former Siemens Healthcare Exec Gets In on IMRIS Buy

Dr. Gregory Sorensen, the former chief of Siemens Healthcare (NYSE:SI) North America division, is taking out a minority stake in Deerfield Imaging, the former Imris business the investment company bought out of bankruptcy this year.

Imris and 2 subsidiaries, including its NeuroArm Surgical business, filed for Chapter 11 bankruptcy protection last May, under a bailout plan with Deerfield Management. Today Deerfield said Sorensen plans to take out a “significant” minority interest in the former Imris business and is set to become executive chairman.

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