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Pin to quick pickspolarean Share News (POLX)

Share Price Information for polarean (POLX)

London Stock Exchange
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Share Price: 3.70
Bid: 3.60
Ask: 3.80
Change: -0.15 (-3.90%)
Spread: 0.20 (5.556%)
Open: 3.85
High: 3.85
Low: 3.65
Prev. Close: 3.85
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IN BRIEF: Polarean Imaging product cleared for US Medicare payments

Tue, 29th Aug 2023 11:36

Polarean Imaging PLC - London-based medical imaging technology developer - Says the US Centers for Medicare & Medicaid Services has established a new reimbursement code for Polarean's Xenoview or 'xenon XE 129' magnetic resonance imaging technology. Code "enables healthcare providers a path to bill for 'magnetic resonance imaging with [the] inhaled hyperpolarised xenon-129 contrast agent...including preparation and administration of agent'." Polarean expects to be informed of the new code's payment level "in the coming weeks".

Chief Executive Officer Christopher von Jako says: "We have been working diligently with CMS, our clinicians and hospital-based billing stakeholders over the past several months and view this as an important step towards enhancing accessibility to this innovative technology. We look forward to learning the payment details tied to the new code...as we continue to increase access to Xenoview MRI for patients suffering from ventilation-associated lung diseases."

Current stock price: 16.41 pence, up 7.6% in London around midday on Tuesday

12-month change: down 74%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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13 Feb 2023 09:04

Polarean shares drop on financing despite US FDA approval for Xenoview

(Alliance News) - Polarean Imaging PLC on Monday saw its shares fall, after it said that it was exploring further financing options to fund development following the approval of Xenoview by the US Food & Drug Administration.

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1 Feb 2023 19:26

TRADING UPDATES: Polarean gets FDA ok; Keywords buys 47 Communications

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28 Dec 2022 16:57

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28 Dec 2022 12:15

LONDON MARKET MIDDAY: FTSE 100 rises with positive 2022 in sight

(Alliance News) - Stock prices in London were higher at midday on Wednesday, with sentiment remaining upbeat as investors looked to the year-end after the Christmas break.

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28 Dec 2022 09:53

AIM WINNERS & LOSERS: Polarean Imagaing jumps on US FDA approval

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28 Dec 2022 08:38

LONDON MARKET OPEN: Stocks higher as trading resumes after Christmas

(Alliance News) - Stock prices in London opened higher on Wednesday as UK financial markets returned to trading after the Christmas break and caught up with gains by European exchanges on Tuesday.

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28 Dec 2022 08:10

Polarean receives FDA approval for drug device combination product

(Sharecast News) - Medical imaging technology group Polarean said on Wednesday that its drug device combination product has been granted approval by the US Food and Drug Administration.

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6 Oct 2022 20:10

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22 Sep 2022 10:32

Polarean Imaging shares dive on FDA additional information request

(Alliance News) - Polarean Imaging PLC on Thursday said that the US Food & Drug Administration had requested more information from Polarean's drug manufacturing partner.

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22 Sep 2022 10:15

AIM WINNERS & LOSERS: Learning Tech jumps on interim profit surge

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8 Jul 2022 17:33

IN BRIEF: Polarean Imaging delivers Xenon Polariser to medical center

Polarean Imaging PLC - London-based medical‑imaging technology - Completes installation of an additional Xenon Polariser 9820 at the Center for Pulmonary Imaging Research at the Cincinnati Children's Hospital Medical Center.

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18 May 2022 15:03

IN BRIEF: Polarean Imaging widens annual loss as selling costs surge

Polarean Imaging PLC - London-based medical‑imaging technology - For 2021, annual loss widens to USD14.0 million from USD6.5 million in 2020. Revenue edges upwards to USD1.2 million from USD1.1 million. Selling & distribution expenses surge to USD5.6 million from USD917,783 in 2020.

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11 May 2022 16:06

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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