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Polarean Imaging PLC

Polarean Imaging receives system order from Canadian children’s hospital

The order for the 9820 Xenon Polariser system will take the total number of Polarean's polarisers installed or on order to 24

Xenon element
The 9820 provides hyperpolarised Xenon for use in magnetic resonance studies

Polarean Imaging PLC (LON:POLX) has received a research unit order for its 9820 Xenon Polariser system from The Hospital for Sick Children (SickKids) in Toronto.

The order for the 9820, which provides hyperpolarised Xenon for use in magnetic resonance studies, will, once received, take the total number of polarisers installed or on order to 24.

READ: Polarean Imaging to receive third tranche of research grant

The system will also help to expand SickKids' ongoing paediatric research programme using hyperpolarised gas imaging.

The hospital currently has an earlier model of Polarean’s polariser, which has recently been upgraded.

"We are very happy to extend our long-standing relationship with SickKids Hospital in Toronto who work tirelessly on the paediatric applications of hyperpolarised xenon imaging for this important patient population", said Richard Hullihen, Polarean’s chief executive.

In early trading on Wednesday, Polarean's shares were steady at 15p.

Quick facts: Polarean Imaging PLC

Price: £0.24

Market: AIM
Market Cap: £27.64 m
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