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IMR — Imricor Medical Systems News Story

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HealthcareAdventurousSmall CapMomentum Trap

Australia's Imricor Medical soars to 3-year high on deal with Swiss firm

** Shares of Australia's Imricor Medical Systems  IMR.AX 
rise as much as 28.5% to A$1.375
    ** Stock hits highest level since late October 2021
    ** Also marks biggest intraday pct jump since Feb. 9, 2023
    ** Co signs licence agreement with Swiss medical imaging
products maker, ADIS, to agree on terms for the sale of its
NorthStar 3D mapping system
    ** ADIS and IMR to build AI modules to integrate into
Imricor's NorthStar 3D mapping system
    ** Co says regulatory processes underway for commercial sale
approval
    ** Stock has more than doubled this year, including the
day's moves

 (Reporting by Namrata Verma in Bengaluru)
 ((Namrata.Verma@thomsonreuters.com;))

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