Perimeter Medical goes public

Perimeter Medical goes public
By AuntMinnie.com staff writers

July 2, 2020 -- Perimeter Medical Imaging AI has completed its plan to go public on Canada's TSX Venture Exchange via a reverse takeover and private placement.

Perimeter took over New World Resource in the reverse takeover, and at the same time closed a private placement worth $7.4 million ($10 million Canadian). Shareholders of New World stock received shares of Perimeter as part of the deal. The company's stock is trading under the symbol PINK.

Perimeter has developed OTIS (optical tissue imaging system), which aims to reduce the reoperation rate for breast cancer patients by acquiring high-resolution subsurface image volumes across the surface of removed tissue that can be used during breast cancer surgery. OTIS allows surgeons to assess whether entire tumors were removed successfully.

If you like this content, please share it with a colleague!

Related Reading

imagePerimeter Medical Imaging AI goes public
Perimeter Medical Imaging AI has announced that it will go public on the Toronto Stock Exchange (TSX) Venture Exchange during the week of June 29.

imagePerimeter Medical gets $7.4M for cancer detection AI
Perimeter Medical Imaging has received a $7.4 million grant to further develop its artificial intelligence technology (AI) at cancer centers in Texas.

imagePerimeter Medical taps Boon as CEO
Perimeter Medical Imaging has announced two new executive appointments, including the naming of industry veteran Tom Boon as CEO.

Perimeter lands FDA clearance for optical imaging system
Canadian surgical imaging technology developer Perimeter Medical Imaging has received U.S. Food and Drug Administration (FDA) 510(k) clearance for its...


Copyright © 2020 AuntMinnie.com
Radiology reentry: Part 2 -- HR and patient schedu...
Radiology Information Systems (RIS) Market: Increa...
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Thursday, 13 August 2020

By accepting you will be accessing a service provided by a third-party external to https://radiologytips.com/