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Pro Medicus Limited (ASX:PME)

ALERT: Price-sensitive ASX Announcement for PME
Current share price for PME : $164.580 4.95 (3.10%)+
Announcement
Release
4 Jun 2026 8:24AM
Price at Release
$159.630
Full Release
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Summary
Pro Medicus Limited, through its U.S. subsidiary Visage Imaging, Inc., has signed a 5-year, A$16M contract renewal with The Ohio State University Wexner Medical Center (OSUWMC). The contract includes the use of Visage 7 Workflow and Visage 7 Cardiology Imaging, reflecting Pro Medicus' strength in native capabilities. This renewal follows an increased fee per transaction and higher minimums, contributing to a total of A$141M in renewals for the financial year, thereby maintaining the company's client retention track record.
Key Points
  • PME signs 5-year, A$16M contract renewal with OSUWMC.
  • Contract includes Visage 7 Workflow and Visage 7 Cardiology Imaging.
  • The transaction-based model presents potential upside.
  • Renewal involves increased minimums and fee per transaction.
  • Pro Medicus highlights client retention and return on investment.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.