Polarean Imaging plc (LSE:POLX) has signed a new supply agreement with the University of Virginia Health to enable full clinical use of Xenon MRI technology. The collaboration represents a key milestone in the expansion of advanced pulmonary imaging, as UVA Health—recognized as a leader in Xenon MRI research—prepares to conduct its first clinical scan using the technology. The initiative is intended to improve diagnosis and treatment of lung disease, supporting Polarean’s mission to deliver cutting-edge imaging solutions for chronic respiratory conditions.
Despite this strategic progress, Polarean continues to face financial headwinds. Weak operating performance, bearish technical signals, and negative valuation metrics continue to weigh on its outlook. While the UVA agreement is viewed as a positive corporate development, it has not yet offset the broader financial and market challenges the company faces.
About Polarean Imaging
Polarean Imaging is a medical technology company specializing in next-generation pulmonary imaging. The business developed XENOVIEW®, the first FDA-approved hyperpolarized Xenon MRI inhaled contrast agent, and remains focused on advancing MRI-based solutions for assessing lung function. With a strategy centered on both commercialization and ongoing research, Polarean aims to expand the use of its imaging innovations in the management of chronic lung disease.
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