Pro Medicus Ltd Sees Significant Stock Price Growth
Pro Medicus Ltd, an Australian health technology company, has experienced a 42% increase in its stock price in recent days. This growth is attributed to the company’s investment in 4DMedical, a medical imaging company.
Investment Details
- Pro Medicus has invested $10 million in 4DMedical through a strategic investment.
- The investment is expected to support the further development and commercialization of 4DMedical’s software suite.
- Pro Medicus has also signed a finance facility with 4DMedical to assist in the company’s growth.
Market Performance
The news of the investment has contributed to Pro Medicus’ positive market performance, resulting in a notable increase in its stock price.