Pro Medicus inks deal with Mayo Clinic

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by Jessica Ellerm

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Last Updated: 11/12/2019 10:28 AM

 
Pro Medicus Limited (ASX:PME) has announced its US subsidiary Visage Imaging has signed an $18 million, 6 year contract with the Mayo Clinic.
 
The deal will see Pro Medicus roll out its imaging technology across the clinics radiology practices. 
 
The implementation will commence in Q2 FY17, with completion set for Q4 of FY18.
 
CEO Dr Sam Hupert has indicated the Mayo contract is the third major US deal the company has signed in the past few months and further cements the business’s growing market footprint in North America.
 
Pro Medicus Limited reported a net profit of $2.94 million at 31 December 2015.

Jessica Ellerm

Finance News Network
Jessica joined FNN in April 2016 and presents the Australian Share Market Outlook, and reports on the morning's leading business stories. Alongside FNN Jessica is a fintech industry commentator, writing for her own blog and a number of international online publications.