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POSITRON CORP - POSC STOCK NEWS

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Positron Corporation is a nuclear medicine healthcare company specializing in the field of cardiac Positron Emission Tomography (PET) imaging. With over 30 years of focus on cardiac PET, Positron aims to make this superior modality more accessible to clinicians and patients worldwide. Their Attrius® system, optimized for MPI, offers cutting-edge technology and accurate diagnostic capabilities in cardiac imaging.

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Positron (OTC: POSC) has partnered with Upbeat Cardiology Solutions to expand its PET-CT imaging systems and services. The collaboration focuses on providing cardiology practices with NeuSight PET-CT 64 Slice scanner technology and turnkey solutions. Upbeat Cardiology Solutions will offer comprehensive services including equipment acquisition, installation, staff training, and isotope supply. The partnership aims to make cardiac PET-CT imaging more accessible to private practices, offering superior diagnostic accuracy, reduced scan times, and higher reimbursement rates compared to traditional SPECT imaging.

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Positron (OTC: POSC) has launched its Prime Rental Program, offering PET-CT systems with comprehensive services for a single monthly fee. This program aims to make advanced imaging technology accessible to practices of all sizes by eliminating upfront capital expenditure. The package includes:

  • Positron's PET-CT 64 Slice scanner
  • Clinical & technical support
  • Technician training services
  • Preventative maintenance

Key benefits include flexible financing, comprehensive services, future upgrades, and potential tax advantages. The NeuSight PET-CT, designed for both cardiology and oncology applications, features a 72cm gantry, high-sensitivity acquisition technology, and the smallest footprint in its class. This initiative aims to stimulate demand for PET-CT technology and accelerate its adoption in healthcare practices.

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Positron (OTC: POSC) has announced the sale of its NeuSight PET-CT 64 slice scanner to a leading cardiovascular services provider. The NeuSight PET-CT is designed to revolutionize cardiac PET imaging, offering advanced technology at a competitive price. Key features include:

  • 500 installations worldwide
  • 72cm gantry for patient comfort
  • High-sensitivity acquisition technology for minimal radiation exposure
  • Smallest footprint and lightest weight in its class
  • Suitable for cardiology and oncology studies
  • Superior data acquisition and improved scanning speed and accuracy

Positron's President, Adel Abdullah, expressed enthusiasm about the sale and the positive market response since the scanner's introduction in late July. The company aims to continue offering this technology to practices and hospitals in the future.

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Positron (OTC: POSC) has introduced its new NeuSight PET-CT 3D 64 slice scanner for the US and North American markets. This advanced imaging system sets a new standard in diagnostic precision, patient comfort, and operational efficiency for nuclear cardiology practices and hospitals. The scanner offers superior image clarity and resolution, essential for accurate cardiac diagnostics, and is designed for both cardiology and oncology clinical studies.

Key features include a spacious 72cm gantry, high-sensitivity acquisition technology, and the smallest footprint and lightest weight of any PET-CT 64 slice system in the industry. Positron has exclusive rights for North American distribution through a partnership with Neusoft Medical Systems. The company aims to meet increased demand in nuclear cardiology driven by technological advancements and favorable reimbursement environment.

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Positron (POSC) announced the order of five NeuSight PET-CT 64 slice scanners from Neusoft Medical Systems’ subsidiary, Shenyang Intelligent Neuclear Medical Technology Co. This move follows the recent introduction of the NeuSight PET-CT system to the US market. Neusoft Medical Systems, a global leader in medical device development, has sold approximately 500 NeuSight systems internationally and possesses ample production capacity to meet increased demand prompted by this expansion. Positron aims to deliver the systems within 12 weeks, aligning with the timeframe needed for practices to secure radiopharmaceutical supply agreements. President Adel Abdullah emphasized that this order is the initial phase of Positron's strategy to address customer needs and support the advancement of cardiac PET-CT.

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Positron (OTC: POSC) has announced the sale of its Attrius® PET System to a cardiovascular practice in Michigan. The installation is scheduled for Q4 2024. The Attrius PET scanner excels in nuclear cardiology, offering high-resolution images and precise blood flow analysis. The new customer will benefit from Positron's Lease to Own Program, which requires zero upfront capital expenditure and includes the complete Attrius PET System and comprehensive clinical and technical services for a monthly fee. Positron's President, Adel Abdullah, emphasized the system's ability to enhance cardiac diagnostics and its cost-effective operational model for nuclear imaging practices.

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Positron (OTC: POSC), a leading molecular imaging medical device company, has joined the Cardiac PET Industry Coalition (CPIC). The coalition includes founding members such as Bracco Diagnostics, CDL Nuclear Technologies, and Siemens Healthcare, united to promote federal policies enhancing healthcare outcomes for cardiovascular disease patients. CPIC aims to improve access to cardiac PET diagnostics across the U.S., advocate for fair reimbursement policies, and educate healthcare providers and policymakers on the benefits of cardiac PET. Positron President Adel Abdullah emphasized the company's commitment to the coalition's goals and its role in advancing PET technology.

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Positron (OTC: POSC) has secured exclusive North American rights to sell and distribute the NeuSight PET-CT 64 slice scanner through an agreement with Shenyang Intelligent Nuclear Medical Technology Co., a subsidiary of Neusoft Medical Systems. This award-winning scanner has FDA clearance for the US market and will be introduced in July 2024 for nuclear cardiac imaging. NeuSight PET-CT 64 offers advanced imaging for heart, tumor, and brain studies, combining anatomical and functional imaging with improved speed and accuracy. Positron aims to meet the increasing demand in the US, Canada, and Mexico, leveraging the system’s international success, with around 500 units sold globally.

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Positron (OTC: POSC) has entered an agreement to acquire the FDA 510(k) clearance for the NeuSight PET-CT from Neusoft Medical Systems' subsidiary. This acquisition enables Positron to immediately market and sell the NeuSight PET-CT 64 slice imaging system and facilitates future FDA clearances for their Affinity PET-CT 4D 64 slice system. Adel Abdullah, President of Positron, emphasized that this milestone will significantly enhance their product line, which is vital for both oncology and nuclear cardiology. Positron aims to offer advanced PET-CT technology to healthcare practices, supported by Neusoft's extensive R&D expertise.

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Positron Corporation (POSC) welcomes a prominent cardiovascular practice in Pennsylvania as a new customer utilizing the Attrius PET System and services. The company offers a dedicated PET scanner optimized for nuclear cardiology, providing robust high-resolution images and accurate measurements of absolute blood flow. Positron's Lease to Own Program offers a complete package of the Attrius PET System and full scope Clinical & Technical Services for one monthly price for five years, with zero upfront capex expense. The company expects to enter additional lease to own/services agreements with other interested parties.
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FAQ

What is the current stock price of POSITRON (POSC)?

The current stock price of POSITRON (POSC) is $1.0875 as of December 20, 2024.

What is the market cap of POSITRON (POSC)?

The market cap of POSITRON (POSC) is approximately 27.2M.

What is Positron Corporation known for?

Positron Corporation specializes in cardiac Positron Emission Tomography (PET) imaging, focusing on providing advanced technology for accurate diagnosis of heart disease.

What is the significance of cardiac PET imaging?

Cardiac PET imaging is recognized as the gold standard in diagnostic nuclear imaging, particularly for detecting coronary artery disease with superior accuracy.

What is the Attrius® system by Positron Corporation?

The Attrius® system is the latest advancement in cardiac PET technology, offering excellent sensitivity and minimal radiation exposure for improved diagnostic capabilities in heart disease.

How does Positron Corporation aim to make cardiac PET more accessible?

Positron Corporation is committed to minimizing barriers of entry and increasing the accessibility of cardiac PET imaging technology to clinicians and patients globally.

How long has Positron Corporation been supporting cardiac PET?

Positron Corporation has been exclusively focused on supporting cardiac PET for over 30 years, demonstrating their dedication to advancing nuclear medicine in the field of cardiology.

What are the benefits of using the Attrius® system for cardiac imaging?

The Attrius® system enables healthcare providers to more accurately diagnose heart disease, improve patient outcomes, and practice cost-effective medicine through routine quantitative measurements and advanced technology.

Where can I find more information about Positron Corporation?

For further information, visit the company's website at www.positron.com or contact the Investor Relations team at investor@positron.com.

Who do I contact for Investor Relations at Positron Corporation?

Investors can reach out to Lisa Gray, Senior Account Manager at Skyline Corporate Communications Group, LLC, located at One Rockefeller Plaza, 11th Floor, New York, NY 10020. Contact Lisa at (646) 893-5835 or email at lisa@skylineccg.com for more information.

What type of imaging technology does Positron Corporation specialize in?

Positron Corporation specializes in cardiac Positron Emission Tomography (PET) imaging, offering advanced technology and superior diagnostic accuracy in nuclear cardiology.

How does the Attrius® system compare to other imaging modalities?

The Attrius® system excels in providing excellent sensitivity and minimal radiation exposure compared to SPECT imaging, making it a preferred choice for accurate and safe cardiac imaging.

What makes Positron Corporation a leader in cardiac PET imaging?

Positron Corporation's exclusive focus on cardiac PET for over 30 years, along with their commitment to advancing technology and increasing accessibility, positions them as a leader in nuclear medicine for heart disease diagnosis.

POSITRON CORP

OTC:POSC

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POSC Stock Data

27.23M
23.43M
Medical Devices
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