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IMR — Imricor Medical Systems News Story

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HealthcareAdventurousSmall CapMomentum Trap

Australia's Imricor Medical rises on joint development deal

** Shares of Imricor Medical Systems  IMR.AX  rise as much
as 3.5% to A$0.59
    ** The medical devices maker says it has signed a joint
development agreement with ADIS SA of Switzerland
    ** Co says it will use ADIS' AI modules in its Northstar 3D
mapping system, advancing its MRI scanning abilities
    ** Stock posts its biggest intraday pct fall since Nov 22
    ** More than 24,823 shares change hands, compared with the
30-day average volume of ~66,016 shares
    ** Imricor stock up 56.2% YTD, as of last close 

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))

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