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PME Pro Medicus News Story

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Australia's Pro Medicus hits near 4-month high on $11.4 million contract renewal

BUZZ-Australia's Pro Medicus hits near 4-month high on $11.4 million contract renewal

** Shares of Australia's Pro Medicus PME.AX rise as much as 3.1% to A$164.650, their highest point since February 11

** The health imaging firm says its unit Visage Imaging signed a 5-year, A$16 million ($11.41 million) contract renewal with The Ohio State University Wexner Medical Center

** Contract renewal will also include Visage 7 Workflow and Visage 7 Cardiology Imaging

** Stock down 26.8%, YTD

($1 = 1.4019 Australian dollars)


(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))

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