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Polarean Imaging welcomes new strategic investor as it raises £8.4mln in new cash

Published: 01:19 19 Mar 2020 AEDT

Polarean Imaging PLC's (LON:POLX) Richard Hullihen speaks to Proactive London's Andrew Scott after conditionally raising £8.4mln (US$10.7mln) before expenses.

He says the extra cash will help to strengthen its balance sheet while it prepares for the new drug application (NDA) for its hyperpolarised 129-Xenon gas MRI system.

Polarean Imaging PLC begins first day of trading on AIM

Polarean Imaging PLC (LON:POLX) chief executive Richard Hullihen dropped into the Proactive studio as the medtech firm kicked off its first day of trading on AIM. The company raised gross proceeds of £3mln via the placing of 20mln ordinary shares at a price of 15p - representing 27.3% of...

on 30/3/18