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IQ-AI Share Price Gains after MD Anderson Cancer Center Signs Up for IB Clinic software

Sam Boughedda trader
Updated 2 Nov 2021

Shares of IQ-AI are on the rise Tuesday morning following news that the University of Texas MD Anderson Cancer Center is the latest brain cancer centere to purchase an annual subscription of IB Clinic software.

 IB Clinic is IQ-AI's automated processing application that generates quantitative magnetic resonance (MR) perfusion images and other maps used to assess brain tumors and monitor treatment.

The installation includes IB Neuro and IB DCE software that networks within the MD Anderson IT infrastructure and outputs quantitative maps directly to their resident picture and communication system for viewing. 

“We are very pleased that MD Anderson has adopted IB Clinic,” said Trevor Brown, CEO of IQ-AI Limited. 

“The automated processing is ideal for high-volume centers such as this, and the quantitative capability allows direct comparison of longitudinal scans, no matter where or when the patient is scanned.”

IQ-AI shares are up 6.48% at 6.66p following the news.

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Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.Â