- Kromek, a radiation detection technology company focusing on the medical, security and nuclear markets, has signed a cross licensing agreement with one of the world's leading manufacturers of medical equipment.

Under the terms of the agreement, Kromek will be granted a licence to use three patents of the leading manufacturer and in return will grant them a licence to three of its patents.

Chief executive Arnab Basu said: "We are delighted to be entering into this licensing agreement with one of world's well known manufacturers of medical equipment."

At 8:45am: [LON:KMK] Kromek Group PLC share price was +2.25p at 38.75p

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