Brief: Medicalgorithmics Signs Deal With HHSC for Telemetric Monitoring And EKG Analysis Services

Medicalgorithmics SA

05/02/2025 06:36

Feb 5 (Reuters) - Medicalgorithmics SA  MDG.WA :
    * SAID ON MONDAY THAT IT HAS SIGNED A SERVICES AGREEMENT
WITH
HAMILTON HEALTH SCIENCES CORPORATION (HHSC) THROUGH POPULATION
HEALTH RESEARCH INSTITUTE (PHRI)
    * UNDER DEAL COMPANY TO COOPERATE WITH PHRI IN "SURGICAL
ABLATION
OF ATRIAL FIBRILLATION EFFICACY" CLINICAL STUDY BY PROVIDING
TELEMETRIC MONITORING AND EKG ANALYSIS SERVICES TO PATIENTS IN
STUDY WITH USE OF "POCKETEKG" DEVICES
    * DEAL SIGNED FOR 7 YEARS
    * REVENUE FROM DEAL ESTIMATED AT UP TO 310,000 EUR
    * TOTAL REVENUES FROM COMPANY'S FOUR DEALS IN AREA OF
CLINICAL
RESEARCH ESTIMATED AT ABOUT 580,000 EUR OVER THE NEXT TWO YEARS

        
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