UK's IQ-AI rises after agreement with GE HealthCare

Imaging Biometrics

18/08/2023 15:44

** Shares in medical services and software co IQ-AI  IQAI.L 
up as much as 32.4% at 4.1p
    ** Stock hits highest levels in 6-1/2 months
    ** Co says its unit Imaging Biometrics (IB) signed a
commercial agreement with medical tech firm GE HealthCare
 GEHC.O  (GEHC)
    ** Agreement will allow IB's radiological tools namely IB
Neuro and IB Delta T1 to be available directly on sites with
GEHC's systems already installed and new systems scheduled to be
installed
   ** "It means that any hospital or imaging center that has a
GEHC MRI scanner and MR Smart Subscription will have access to
IB's solutions," - CEO Trevor Brown 
    ** Including session's gains, stock 109.5% YTD

 (Reporting by Sinchita Mitra in Bengaluru)
 ((Sinchita.mitra@thomsonreuters.com))