BTC health (ASX:BTC) has announced that its investee company, BTC Cardio Pty Ltd, has secured a $5m contract to provide ECMO equipment, consumables, and services to Melbourne's Royal Children's Hospital (RCH) over the next five years. The contract includes specified capital equipment and single-use consumable products based on the expected number of patient cases each year.
Dr Richard Treagus, Executive Chairman and Managing Director of BTC health, expressed his delight at being selected as the preferred ECMO supplier for RCH. He emphasized the privilege of partnering with RCH and supporting their expert team in caring for vulnerable children. Dr Treagus also highlighted the significance of this being the first implementation of high-quality ECMOLIFE equipment in Australia and the potential for further national rollout.
BTC health (ASX:BTC) has secured a $5m contract through its investee company, BTC Cardio Pty Ltd, to supply ECMO equipment, consumables, and services to Melbourne's Royal Children's Hospital over the next five years. The award follows a competitive tender and detailed evaluation process by RCH clinical experts, biomedical engineers, and procurement teams. Dr Richard Treagus, Executive Chairman and Managing Director, expressed excitement about the opportunity to expand the national rollout further. The ECMO service provided by BTC Cardio supports hospitals in managing life-threatening illnesses or injuries affecting the heart or lungs, with the aim of providing temporary life support and allowing the organs to rest. The announcement signifies a significant milestone for BTC health and its commitment to advancing healthcare services.