Business
Perimeter Medical Imaging AI Reports 2022 Financial Results and Provides Corporate Update
Perimeter Medical Imaging AI Reports 2022 Financial Results and Provides Corporate Update ...
About this update from Perimeter Medical Imaging Ai Inc
[{"type":"text","content":"\n \n \n \n Perimeter Medical Imaging AI Reports 2022 Financial Results and Provides Corporate Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n \n \n \n \n \n \n Conference Call/Webcast Today at\n \n 5 pm ET\n \n \n \n \n \n \n \n TORONTO\n \n and\n \n DALLAS\n \n \n ,\n \n \n April 11, 2023\n \n \n /CNW/ - Perimeter Medical Imaging AI, Inc. (TSXV: PINK) (OTC: PYNKF) (FSE: 4PC) (\"Perimeter\" or the \"Company\") – a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address high unmet medical needs – today reported financial results for the year ended\n \n December 31, 2022\n \n and provided a corporate update.\n \n \n \n \n Key Highlights from 2022\n \n \n \n \n \n Immediately prior to year-end, Perimeter completed two additional commercial placements of Perimeter S-Series OCT and\n \n \n doubled the commercial installed base of Perimeter S-Series OCT\n \n \n during the fourth quarter.\n \n \n Closed\n \n \n private placement\n \n \n for gross proceeds of\n \n C$48.7 million\n \n to the Company, which included a\n \n C$43.4 million\n \n strategic investment by Social Capital.\n \n \n Activated all eight of the initially planned clinical trial sites to evaluate Perimeter's\n \n \n breakthrough device-designated\n \n \n B-Series OCT system with ImgAssist AI technology and received U.S. Food and Drug Administration (\"FDA\") approval to expand the number of institutions with the goal of further accelerating enrollment.\n \n \n Appointed globally recognized\n \n \n AI expert,\n \n Anantha Kancherla\n \n \n \n , Engineering Director at Meta who oversees its artificial intelligence platform, to Perimeter's Board of Directors\n \n \n \n \n Jeremy Sobotta\n \n , Perimeter's Chief Executive Officer stated, \"We finished the year in a strong position, having doubled in the fourth quarter our commercial installed base of our flagship Perimeter S-Series OCT. This success translated int...