Australia's Optiscan Imaging rises on tie-up to develop AI algorithms

Optiscan Imaging

30/01/2023 02:41

** Shares of Optiscan Imaging Ltd  OIL.AX  rise as much as
4% to A$0.13, their highest since Jan. 18
    ** Medical imaging tech firm says it partnered with Prolucid
Technologies to develop artificial intelligence (AI) algorithms
    ** Says AI algorithms will be used by professionals with a
focus on oral imaging and cancer detection in the first instance
    ** OIL expects the project will take 18-24 months 
    ** More than 130,000 shares change hands, vs the 30-day
average volume of 90,438 shares
    ** Stock up 25% this year, as of last close
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))