Imagion Biosystems Limited (IBXXF) develops non-invasive cancer detection technologies using magnetic nanoparticles and molecular MRI imaging. The company offers MagSense molecular MRI imaging agents, including MagSense HER2 for detecting and staging metastatic HER2-positive breast cancer in axillary lymph nodes; MagSense PSMA for prostate cancer detection to guide precision biopsies; MagSense FR for ovarian cancer targeting folate receptors; and PrecisionMRX iron oxide nanoparticles for magnetic relaxometry and biomedical applications; all integrated with standard MRI systems without ionizing radiation or radioactive tracers. Founded in 2016 and headquartered in Melbourne, Australia, with operations in San Diego, California, Imagion Biosystems targets oncology diagnostics for breast, prostate, and ovarian cancers served worldwide through research, development, and clinical collaborations. Recent developments include completion of a $3.5 million capital raising in August-September 2025 led by CPS Capital to fund an Investigational New Drug application submission to the U.S. FDA in Q4 2025 and initiation of a Phase 2 clinical trial for MagSense HER2; manufacturing of a new clinical lot of the MagSense HER2 imaging agent; positive FDA feedback supporting the Phase 2 plans; a new collaboration with Wayne State University for MRI protocol optimization alongside existing partnerships with Siemens Healthineers; and appointment of Dr. Nina Webster as non-executive director in September 2025.