Pro Medicus Unit Signs AU$20 Million Contract with US University; Shares Rise 5%

MT Newswires Live
05-08

Pro Medicus (ASX:PME) said that its US unit, Visage Imaging, secured a five-year AU$20 million contract with the University of Iowa Health Care, according to a Thursday filing with the Australian bourse.

The agreement will see the implementation of Visage's cloud-based Visage 7 enterprise imaging platform across UI Health Care's facilities, the filing said.

Rollout is set to start immediately, with go-live targeted for the fourth quarter of the year.

Shares of the company rose past 5% in recent Thursday trade.

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