Polarean Imaging lands second order from the University of British Columbia

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Polarean Imaging PLC (LON:POLX) shares jumped 5.4% to 97p in early dealings after the company announced a new order from an existing customer.


The medical imaging technology company said it has received an additional research unit order for a 9820 Xenon Polariser system from the University of British Columbia (UBC). This is the second system installation at UBC, following the original order in November 2019 that was initially installed at BC Children’s Hospital while construction was carried out on its intended original site at St. Paul’s.


As with the original system, this new unit will continue to support UBC’s pulmonary disease research programme using hyper-polarised gas imaging.


“We value our long-standing relationship with UBC, a globally recognised research group, and we are excited that they are adding an additional Polariser system to expand their research into the clinical applications of this emerging and much-needed technology,” said Polarean’s chief executive officer, Richard Hullihen.


“We are also pleased to be able to continue to expand our paediatric research cluster, which also includes Cincinnati Children’s Hospital Medical Center and Toronto SickKids Hospital,” he added.

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