4DMedical Secures Three-Year Contract Extension With Ohio Medical Center; Shares Down 3%

MT Newswires Live
03-11

4DMedical (ASX:4DX) secured a three-year contract extension with the Cleveland Clinic in Ohio for its functional lung imaging software, according to a Tuesday filing with the Australian bourse.

The renewed agreement has a minimum contract value of AU$227,000 and builds on an existing multi-year agreement for the company's pulmonary structure products, the filing said.

Shares fell nearly 3% in afternoon trade Tuesday.

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