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TOKYO & DENVER--(BUSINESS WIRE)--Fujikura Ltd and Micro-Imaging Solutions (MIS) announced that they have entered into a license agreement to jointly co-market nano-sized, complementary metal-oxide semiconductor, or CMOS, based endoscopes. The collaboration leverages the large, commercial scale production capabilities of Fujikura and the proprietary imaging technology of MIS. MIS owns over 30 issued world-wide patents relating to micro-format CMOS sensor technology and advanced technologies to revolutionize the traditional endoscopic market by providing low-cost, disposable and high-resolution endoscopes. MIS’ proprietary imaging technology enables high-resolution disposable endoscopic devices for the medical marketplace. The global market for endoscopy was worth $6.2 billion in 2011, is growing at a compound annual growth rate (CAGR) of approximately 9.77% and is expected to reach approximately $10.9 billion by 2017.
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