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Medical technology & services

Polarean Imaging up by a quarter on new US order

Polarean Imaging PLC (AIM:POLX, OTC:PLLWF) shot up 23% on news on another order for its Xenon MRI lung imaging technology.

University of Alabama at Birmingham (UAB) Hospital’s order extends the company's technology to an additional major hospital for the first time, Polarean noted.

Revenues from new orders and completed sales in 2024 will now tally some US$2.5 million, Polaren CEO Christopher von Jako said, adding that the company is expecting further orders.

Shares rose 0.8p to 4.2p.

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