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Positron Corporation (OTC: POSC) Stock Surges After Agreement to Sell and Rent Eight NeuSight PET-CT Scanners

Ankit Singhania

Investors are almost always on the lookout for innovative companies, and the molecular imaging medical device outfit Positron Corporation (OTC: POSC) could be the one to look into. Moreover, the company was in the news cycle this past Friday following a key investment, and in this feature, we take a closer look.

Key Sales

In the news release that Positron Corporation sent out last Friday, the company announced that it had completed four sales and four rentals of the NeuSight PET-CT 64 slice scanner. The transaction was done with an established and noted company involved in providing high-end treatment and diagnostics for cardiovascular disease. The company went on to state that the latest development was also a demonstration of its unerring commitment to supplying advanced imaging solutions for enabling healthcare providers in always delivering better outcomes.

Major Details

The company also noted that the product in question had been developed for the purpose of changing the way cardiac PET imaging was conducted. It was a combination of outstanding performance, unmatchable value, and high-end technology. In light of the latest transaction, it is going to be interesting to see if it leads to more orders. Investors could do well to keep an eye on further developments. 

Management Comment

Adel Abdullah, President of Positron, stated, “We are thrilled to collaborate with such a premier cardiovascular practice dedicated to providing the highest standard of cardiac care. We are also delighted to offer our comprehensive rental program and are excited to support the practice’s continued growth and success.” Mr. Abdullah added, “Positron provides physicians with the best in cardiac PET and PET-CT imaging to support their patients needs. Our clinical team and network of industry-leading physicians offer expert training and support to ensure customers maximize the benefits of our Attrius PET and NeuSight PET-CT systems, including advanced data quantification and CFR applications. Positron’s solutions blend cutting-edge technology with cost-effectiveness, making them ideal for nuclear imaging practices.”