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IN BRIEF: Polarean Imaging wins new system order for xenon polariser

ALN

Polarean Imaging PLC - North Carolina-based MRI equipment and medical-imaging technology company - Says it has received an additional research unit order for a Xenon Polariser 9820. Says system will be installed in the Center for Pulmonary Imaging Research at the Cincinnati Children's Medical Center. Company holds a Small Business Innovation Research grant with the Cincinnati Children's Center, awarded by the National Heart, Lung & Blood Institute in April 2017.

Chief Executive Officer Richard Hullihen says: ‘We are pleased to announce the ordering of the latest model of our xenon polariser from the CCHMC. We are delighted to be able to support their exceptional programme for advancing non-invasive hyperpolarised noble gas MR imaging in paediatric research. The CCHMC have made significant progress in their breakthrough efforts in early detection, therapy development, evaluation and management and we believe our partnership can help them improve the outcomes for the most vulnerable of patients.’

Current stock price: 53.15 pence

12-month change: down 29%

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