Business
Here’s why the Pro Medicus (ASX:PME) share price is storming 5% higher
The Pro Medicus Limited (ASX: PME) share price has been a strong performer on Thursday.
In morning trade the leading health imaging company’s shares are up 5% to $32.75.
Why is the Pro Medicus share price racing higher?
Investors have been buying the company’s shares this morning following the release of an announcement.
According to the release, Pro Medicus has signed a five-year contract with MedStar Health worth a total of A$18 million.
MedStar Health is the largest health system in the Maryland and Washington, D.C. metropolitan region, comprising 10 hospitals.
The contract is based on a transactional licensing model and will see Pro Medicus’ complete enterprise imaging solution implemented across all of MedStar’s…
-
Noosa News10 hours agoThe grey backstreet of Brisbane’s Fortitude Valley where Arnie the missing dog was found dead in his owner Nathan McKeown’s black ute
-
General21 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
General24 hours agoAustralia’s race to rewire the country amid a global transmission boom is not unique
-
Noosa News23 hours agoPeak body calls for national oversight of ADHD diagnoses during growth trend as GP powers expand