EBR Systems Secures Purchasing Agreement With Advocate Health; Shares Hit Over Three-Year Low

MT Newswires Live

05/18

EBR Systems (ASX:EBR) has signed a purchasing agreement with Advocate Health, enabling access for its WiSE wireless cardiac pacing system across Advocate Health's network as part of its expanding US commercial rollout, according to a Monday Australian bourse filing.

The agreement includes 69 hospitals across a footprint spanning eight states, including Alabama, Georgia, Illinois, Indiana, Michigan, North Carolina, South Carolina, and Wisconsin, the filing added.

The company's shares fell 8% in recent Monday trade, hitting their lowest level since January 2023.

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