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

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

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.