IN BRIEF: Polarean Imaging signs exclusive Xenon distribution deal

Polarean Imaging PLC - London-based medical imaging technology company - Signs exclusive South Korea distribution agreement with DK Healthcare Co Ltd, an affiliate of Seoul-based DK, which provides diagnostic radiology systems and imaging technologies, for Polarean's Xenon MRI platform. Says the deal represents its second international distribution partnership, allowing it to strengthen its Asia-Pacific commercial presence and position the Xenon platform to enter "one of the world's most advanced medical imaging markets". Will work with DK to obtain the necessary regulatory clearances ahead of the commercial launch.

Polarean's Chief Executive Officer Christopher von Jako comments: "We are delighted to partner with DK Healthcare, one of South Korea's most respected medical imaging distributors, to expand access to our Xenon MRI platform. South Korea's strong emphasis on early detection and precision medicine makes it an ideal growth market, and this agreement accelerates our dual-track strategy to grow internationally through high-quality regional partners while our US team continues to drive adoption domestically."

Current stock price: 0.087 pence, up 2.4% on Monday in London

12-month change: down 94%

By Emma Curzon, Alliance News reporter

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