10th Sep 2018 10:54
LONDON (Alliance News) - Medical imaging firm Feedback PLC said Monday it had received an order for its radiology texture analysis technology from the Samsung Medical Centre in Seoul, South Korea.
Feedback Medical Ltd - an operating firm of Feedback - received an order for its TexRAD technology from Samsung Medical, a hospital group founded by the Samsung Group.
The order was won through its South Korean distributor Korea Computer Motion ISG following the distribution deal being signed in early June. Since the deal was signed, Korea Computer has secured "several" TexRAD orders in the country.
"The order of TexRAD by such a cutting-edge medical facility as the Samsung Medical Centre is a great validation of the capabilities of our technology platform," Feedback Medical Business Development Director Balaji Ganeshan said. "We are seeing increasing traction within our international distributor network as our reputation grows."
Shares in Feedback were 3.9% lower at 1.73 pence on Monday.
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