BUZZ-Nano-X rises on U.S. distribution deal to expand its 3D imaging system
Reuters04-01
BUZZ-Nano-X rises on U.S. distribution deal to expand its 3D imaging system
** Shares of medical imaging firm Nano-X ImagingNNOX.O rise 3% to $2.34 premarket
** Co says it signed a U.S. distribution deal with Elite Surgical Technologies to expand use of its 3D bone imaging system in orthopedic clinics
** Nanox.ARC is used to track bone healing after surgery or injury, offering detailed images at lower radiation and cost than CT scans - NNOX
** Co says Elite will market and support the FDA-cleared system across Ohio, Indiana, Michigan, Pittsburgh and West Virginia
** Partners plan to install at least five systems in the first year and about 10 in the second, depending on demand - NNOX
** As of last close, stock down ~19% YTD
(Reporting by Sahil Pandey in Bengaluru)
((Sahil.Pandey@thomsonreuters.com))
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