Install of 9820 xenon polariser , RNS 12 Nov12 Nov 2019 21:24
Good news, the Company has delivered and installed its latest research unit order for a 9820 Xenon Polariser system from the University of British Columbia in Canada This will act as a support for their research .Following delivery of this order, the total number of the Company's polarisers that are either installed or on order is 25.
I cannot rightly remember how many machines Richard said, would have to be in circulation before becoming viable, it wasn't a lot based on costings .Following the FDA IN Q2 next year and the right marketing this could be massive.
Consider it is only in parts of USA and in Canada at present, forward onto South America, China, India, Europe , Asia ,Africa and Australia.
I`m thinking, in the UK alone , one or two in every county , that's a lot !
There is a surprise though , the SP has dropped ? I`m topping up anyway .
GLAH
PJ
Do we know the cost of each unit
The UBC polariser is initially being installed at BC Children's Hospital (http://www.bcchildrens.ca/) while construction proceeds on its ultimate site at UBC. BC Children's is a major paediatric research and teaching hospital. This new unit will support their paediatric pulmonary disease research programme using hyperpolarised gas imaging. Their order was enabled by a grant from the Canada Foundation for Innovation ("CFI") www.innovation.ca/about. Following delivery of this order, the total number of the Company's polarisers that are either installed or on order is 25.
Richard Hullihen, CEO of Polarean, said: "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. We look forward to enabling their new discoveries in these critical projects and we welcome UBC to the group."