Pro Medicus' New Milestone

Pro Medicus (ASX:PME) has announced a substantial contract with NYU Langone Health valued at AUD $24 million over five years. This agreement enhances their existing collaboration by incorporating the Visage 7 Open Archive into NYU Langone's infrastructure, transitioning from an on-premise to a cloud-based system.

Pro Medicus' Strategic Outlook

Pro Medicus has secured a significant five-year contract worth AUD $24 million with NYU Langone Health to integrate the Visage 7 Open Archive into their system. This move aligns with Pro Medicus' strategy to strengthen its foothold in North American academic institutions. The transition to a cloud-based system underscores the company's focus on expanding its product offerings and embracing modern healthcare technology trends. Pro Medicus aims to leverage this model to generate additional financial benefits through a transaction-based licensing approach. The company's global presence, with offices in Melbourne, Berlin, and San Diego, supports its strategic ambitions to lead in healthcare imaging solutions.

Insight from Pro Medicus Leadership

This is a significant milestone for us, further demonstrating the demand for comprehensive cloud-based solutions in medical imaging. It also highlights our ability to convert 'viewer only' clients to our full suite.