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Prices & Quotes - UK Markets - Polarean Imaging (POLX)

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Share Price:
Down 56.00p
Change Today:
-1.00p
Market Cap:
117.18m
Sector:
Health Care Equipment & Services

Polarean delivers and installs new unit to University of BC

By Josh White

Date: Tuesday 12 Nov 2019

LONDON (ShareCast) - (Sharecast News) - Medical imaging technology company Polarean Imaging announced on Tuesday that it has delivered and installed its latest research unit order for a '9820 Xenon Polariser' system from the University of British Columbia.
The AIM-traded firm explained that the UBC polariser was initially being installed at BC Children's Hospital, while construction proceeded on its ultimate site at UBC.

BC Children's was described as a "major paediatric" research and teaching hospital.

The company said the new unit would support their paediatric pulmonary disease research programme using hyperpolarised gas imaging.

It added that the order was enabled by a grant from the Canada Foundation for Innovation, explaining that following delivery of the order, the total number of the firm's polarisers either installed or on order would be 25.

"We have now delivered and installed our latest polariser, which is a platform for the researchers at BC Children's Hospital, expanding our paediatric research cluster which includes Cincinnati Children's Hospital Medical Center and Toronto SickKids Hospital," said Polarean Imaging chief executive officer Richard Hullihen.

"We look forward to enabling their new discoveries in these critical projects and we welcome UBC to the group."

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POLX Market Data

Currency UK Pounds
Price 56.00p
Change Today -1.00p
52 Week High 106.50p
52 Week Low 42.80p
Volume 553,585
Shares Issued 209.25m
Market Cap 117.18m
Beta 0.02

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POLX Dividends

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Trades for 21-Jan-2022

Time Volume / Share Price
17:05 98,500 @ 56.00p
15:35 50,000 @ 56.20p
16:35 1,700 @ 56.00p
16:24 16,201 @ 54.55p
16:14 10,000 @ 54.55p

POLX Key Personnel

CEO Richard Hullihen
CFO Charles Osborne