Nano-X Imaging Shares Are Rising Thursday: Here's Why

Nano-X Imaging Ltd. (NASDAQ:NNOX) shares are trading higher Thursday after the company announced FDA clearance for its Nano.ARC stationary x-ray system.

What To Know: Nano-X said it received 510(k) clearance from the FDA for its Nanox.ARC system, expanding the device’s use to include pulmonary, intra-abdominal and paranasal imaging in addition to its previously cleared musculoskeletal indications.

The Nanox.ARC system uses advanced tomosynthesis technology and a cold cathode digital X-ray source to produce three-dimensional tomographic images. The technology reduces the overlap of anatomical structures common in traditional 2D X-rays, and is intended for professional use in hospitals, imaging centers and clinics.

According to the company, ...

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