Polarean Imaging PLC - New System Delivery and Installation
("Polarean" or the "Company")
New System Delivery and Installation
The total number of the Company's polarisers that are either installed or on order remains 25.
Richard Hullihen, CEO of Polarean, said: "I am delighted that we have delivered and installed another polariser, to be used by pulmonology researchers at this well-regarded teaching hospital.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
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Via Walbrook PR
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Tel: +44 (0)20 3470 0470
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Tel: +44 (0)20 7933 8780 or [email protected]
Mob: +44 (0)7980 541 893 / +44 (0)7879 741 001
About Polarean (www.polarean.com)
The Company and its wholly owned subsidiary,
The Group develops equipment that enables existing MRI systems to achieve an improved level of pulmonary function imaging and specialises in the use of hyperpolarised Xenon gas (129Xe) as an imaging agent to visualise ventilation and gas exchange regionally in the smallest airways of the lungs, the tissue barrier between the lung and the bloodstream and in the pulmonary vasculature. Xenon gas exhibits solubility and signal properties that enable it to be imaged within other tissues and organs.
The Group operates in an area of significant unmet medical need and the Group's technology provides a novel diagnostic approach, offering a non-invasive and radiation-free functional imaging platform which is more accurate and less harmful to the patient than current methods. The annual burden of pulmonary disease in the US is estimated to be over
The Group also develops and manufactures high performance MRI radiofrequency (RF) coils which are a required component for imaging 129Xe in the MRI system. The development of these coils by the Group facilitates the adoption of the Xenon technology by providing application-specific RF coils which optimise the imaging of 129Xe in MRI equipment for use as a medical diagnostic as well as a method of monitoring the efficacy of therapeutic intervention.
This information is provided by RNS, the news service of the
Quick facts: Polarean Imaging PLC
Market Cap: £30.33 m
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