Polarean Imaging (POLX)

Sector:

Health Care

Index:

FTSE AIM All-Share

3.75p
   
  • Change Today:
    -0.050p
  • 52 Week High: 30.75
  • 52 Week Low: 3.70
  • Currency: UK Pounds
  • Shares Issued: 215.85m
  • Volume: 514,890
  • Market Cap: £8.09m

Polarean Imaging receives research order from long-standing partner

By Josh White

Date: Monday 25 Apr 2022

LONDON (ShareCast) - (Sharecast News) - Medical imaging technology company Polarean Imaging has received an additional research unit order for a xenon polariser '9820', it announced on Monday.
The AIM-traded firm said the system would be installed at the Center for Pulmonary Imaging Research at the Cincinnati Children's Medical Center (CCHMC).

Polarean holds a Small Business Innovation Research grant with the Cincinnati Children's Center, awarded by the National Heart, Lung and Blood Institute (NHLBI) in April 2017.

It described CCHMC as a non-profit academic medical centre, and was one of its longest key clinical collaborators.

Polarean said a key focus of the collaboration was to lead the field of paediatric pulmonary imaging through advanced imaging techniques and multi-nuclear capabilities, including hyperpolarised 129Xenon gas.

"We are pleased to announce the ordering of the latest model of our xenon polariser from the CCHMC," said chief executive officer Richard Hullihen.

"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."

At 0954 BST, shares in Polarean Imaging were up 0.2% at 55.11p.

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POLX Market Data

Currency UK Pounds
Share Price 3.75p
Change Today -0.050p
% Change -1.32 %
52 Week High 30.75
52 Week Low 3.70
Volume 514,890
Shares Issued 215.85m
Market Cap £8.09m

POLX Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
74.19% above the sector average74.19% above the sector average74.19% above the sector average74.19% above the sector average74.19% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
94.59% below the sector average94.59% below the sector average94.59% below the sector average94.59% below the sector average94.59% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average

POLX Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
15:49 4,800 @ 3.73p
15:37 2,237 @ 3.73p
15:30 100,000 @ 3.78p
15:20 300,000 @ 3.74p
15:18 13,342 @ 3.75p

POLX Key Personnel

CFO Charles Osborne
CEO Christopher von Jako

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