Positron Stock Price, News & Analysis

Positron (OTC: POSC) has introduced its new NeuSight PET-CT 3D 64 slice scanner for the US and North American markets. This advanced imaging system sets a new standard in diagnostic precision, patient comfort, and operational efficiency for nuclear cardiology practices and hospitals. The scanner offers superior image clarity and resolution, essential for accurate cardiac diagnostics, and is designed for both cardiology and oncology clinical studies.

Key features include a spacious 72cm gantry, high-sensitivity acquisition technology, and the smallest footprint and lightest weight of any PET-CT 64 slice system in the industry. Positron has exclusive rights for North American distribution through a partnership with Neusoft Medical Systems. The company aims to meet increased demand in nuclear cardiology driven by technological advancements and favorable reimbursement environment.

Positron (POSC) announced the order of five NeuSight PET-CT 64 slice scanners from Neusoft Medical Systems’ subsidiary, Shenyang Intelligent Neuclear Medical Technology Co. This move follows the recent introduction of the NeuSight PET-CT system to the US market. Neusoft Medical Systems, a global leader in medical device development, has sold approximately 500 NeuSight systems internationally and possesses ample production capacity to meet increased demand prompted by this expansion. Positron aims to deliver the systems within 12 weeks, aligning with the timeframe needed for practices to secure radiopharmaceutical supply agreements. President Adel Abdullah emphasized that this order is the initial phase of Positron's strategy to address customer needs and support the advancement of cardiac PET-CT.

Positron (OTC: POSC) has announced the sale of its Attrius® PET System to a cardiovascular practice in Michigan. The installation is scheduled for Q4 2024. The Attrius PET scanner excels in nuclear cardiology, offering high-resolution images and precise blood flow analysis. The new customer will benefit from Positron's Lease to Own Program, which requires zero upfront capital expenditure and includes the complete Attrius PET System and comprehensive clinical and technical services for a monthly fee. Positron's President, Adel Abdullah, emphasized the system's ability to enhance cardiac diagnostics and its cost-effective operational model for nuclear imaging practices.

Positron (OTC: POSC), a leading molecular imaging medical device company, has joined the Cardiac PET Industry Coalition (CPIC). The coalition includes founding members such as Bracco Diagnostics, CDL Nuclear Technologies, and Siemens Healthcare, united to promote federal policies enhancing healthcare outcomes for cardiovascular disease patients. CPIC aims to improve access to cardiac PET diagnostics across the U.S., advocate for fair reimbursement policies, and educate healthcare providers and policymakers on the benefits of cardiac PET. Positron President Adel Abdullah emphasized the company's commitment to the coalition's goals and its role in advancing PET technology.

Positron (OTC: POSC) has secured exclusive North American rights to sell and distribute the NeuSight PET-CT 64 slice scanner through an agreement with Shenyang Intelligent Nuclear Medical Technology Co., a subsidiary of Neusoft Medical Systems. This award-winning scanner has FDA clearance for the US market and will be introduced in July 2024 for nuclear cardiac imaging. NeuSight PET-CT 64 offers advanced imaging for heart, tumor, and brain studies, combining anatomical and functional imaging with improved speed and accuracy. Positron aims to meet the increasing demand in the US, Canada, and Mexico, leveraging the system’s international success, with around 500 units sold globally.

Positron (OTC: POSC) has entered an agreement to acquire the FDA 510(k) clearance for the NeuSight PET-CT from Neusoft Medical Systems' subsidiary. This acquisition enables Positron to immediately market and sell the NeuSight PET-CT 64 slice imaging system and facilitates future FDA clearances for their Affinity PET-CT 4D 64 slice system. Adel Abdullah, President of Positron, emphasized that this milestone will significantly enhance their product line, which is vital for both oncology and nuclear cardiology. Positron aims to offer advanced PET-CT technology to healthcare practices, supported by Neusoft's extensive R&D expertise.