Polarean Imaging PLC - London-based medical imaging technology developer - Receives an order for a new polariser to replace the research polariser at Cincinnati Children's Hospital Medical Center. "Cincinnati Children's previously purchased the first clinical polariser and continues to demonstrate a commitment to the future of Xenon MRI for challenging lung diseases. Cincinnati Children's performs hospital clinical imaging on both children and adults (from their neighbouring partner institution, UC Medical Centre)," Polarean says.

Chief Executive Christopher von Jako, says: "I commend the ongoing work of the entire team at Cincinnati Children's, both in research and clinical care. They consistently recognise the benefits that pulmonary functional Xenon MRI technology offers to children with chronic lung disease and have extended access to this technology to the adjacent adult hospital. We look forward to working closely with their team to ensure a swift implementation of the new system."

Current stock price: 3.62 pence, down 0.8% in London on Friday afternoon

12-month change: down 85%

By Sophie Rose, Alliance News senior reporter

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