Why is the EMvision (ASX:EMV) share price surging 12% this week?

EMvision Medical Devices Ltd (ASX: EMV) shares are rising today, adding to significant gains notched up this week. At the time of writing, the EMvision share price is trading 0.32% higher to $3.09. This puts the company’s gains this week at 11.96%.

EMvision is focused on the commercialisation of a portable medical device for stroke diagnosis and monitoring as well as other medical imaging needs.

It’s currently involved in the research and development of this medical imaging and diagnostic technology, which was previously licensed and subsequently acquired from Uniquest.

EMvision in the news this month

The only market update that EMvision has released this month was regarding the purchase of 17,200 shares at the value of $49,534…