- NANO-X Imaging Ltd NNOX signs an exclusive distribution deal with EiLEENO Pharma to deploy Nanox's medical imaging services in Nigeria, marking its entry in West Africa.
- The Nanox System is composed of the Nanox.ARC, a medical imaging system incorporating a digital X-ray source, and the Nanox.CLOUD, a companion cloud-based software.
- Subject to regulatory approval, Nanox and EiLEENO Pharma will collaborate on the deployment and operation of 1,000 Nanox Systems.
- According to the agreement, EiLEENO Pharma will commit to a minimum annual service fee to Nanox.
- The agreement has an initial term of four years and is renewable for an additional period of four years.
- Price Action: NNOX shares are up 1.25% at $31.59 during the premarket session on the last check Monday.
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