Afternoon trading Feb 13, page-2

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    MX1 - people are a bit slow, this could do a BIT, ZNO, UCM mutibagger.


    Coronavirus update: Urgent sales orders of DRX Revolution Nano into Asian countries for use in Coronavirus imaging


    Adelaide, Australia, 13th February 2020: Australian hi-tech company Micro-X Ltd (ASX:MX1) (Micro-X or the Company), a leader in cold cathode x-ray technology for the health and security markets globally, provides the following Market Update in relation to recent sales of the Carestream DRX Revolution Nano (the Nano) by the Company’s distributor Carestream Health, Inc. Micro-X has now received purchase orders from Carestream for Nano units which total a value of approximately A$0.78 million. Micro-X has been advised that they are for delivery to the Governments of two Asian countries and are associated with those Governments’ response to the growing COVID-19 (formerly 2019-nCoV or Coronavirus) epidemic. These contracts require urgent delivery and Micro-X’s production has moved to a full capacity rate to fulfil all these orders within the next four weeks. Once end-of-line testing is complete and units are packaged for shipment, each Nano cart will be air freighted. Micro-X is working with its supply chain partners to maximise its ability to respond to any future such requirements to deliver Nano units in a very short time frame. However Micro-X cannot and will not estimate if any future such Nano orders will be received. X-ray Imaging in the diagnosis of progression of Coronavirus infection While the normal early-stage diagnosis of Coronavirus is by a blood test to confirm the infectious agent, a chest x-ray is used as an essential part of diagnosis of the development and progression of the severity of the illness. Like with pneumonia, a chest x-ray is used to detect fluid in the lungs, particularly with patients presenting with severe acute respiratory distress. The World Health Organisation has defined a criterion for diagnostic progression of the Coronavirus infection from ‘Confirmed Case’ to ‘Severe Illness’ as a chest x-ray with multi-lobar infiltrates or pulmonary infiltration which has progressed more than 50% within 24-48 hours. .
 
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