NNOX - Nano-X Imaging in pact with International Clinics Group to expand in South America
Nano-X Imaging (NASDAQ:NNOX) has announced an agreement with the International Clinics Group to expand its market presence in Chile, Bolivia, and Peru. Under the partnership, Nanox System and auxiliary cloud services will be made available for private and public healthcare facilities through International Clinics Group, a medical equipment distributor serving the three countries. The Nanox System - composed of Nanox.ARC - is said to be a low-cost option for legacy x-ray technology. It is estimated that nearly two-thirds of the global population lacks access to medical imaging systems, and in Chile, there are only about 24 scanning machines per million people. "We are very pleased to deepen our presence in South America," remarked, Nano-X (NNOX) CEO, Ran Poliakine. In Q2 2021, the company reported a net loss of $13.6M, more than double that in the previous year’s quarter. In August, Nano-X (NNOX) suffered a setback in seeking FDA clearance for Nanox.ARC after
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Nano-X Imaging in pact with International Clinics Group to expand in South America