Fairway Medical Technologies

Fairway Medical Technologies was a medical device company based in Houston, Texas, that specialized in the development of opto-acoustic imaging and laser-based therapeutic systems. The company's proprietary technology combined optical excitation with acoustic detection to provide high-resolution, non-invasive imaging of biological tissues. This platform was primarily aimed at improving the diagnosis of breast cancer and enhancing interventional cardiovascular procedures. In 2001, the company was acquired by Spectranetics Corporation for approximately $25.5 million in stock. The acquisition integrated Fairway's laser and imaging expertise into Spectranetics' line of excimer laser systems for vascular and cardiac applications.