Pro Medicus on course for best week since June after two US contract wins

By Reuters News

** Shares of Pro Medicus PME.AX slightly up 0.4% to A$194.51 on the day

** Stock gains 10.6% so far this week, on tract for its best weekly move since late June

** Healthcare informatics co on Monday said its US unit has signed a A$24 million ($16.84 million) contract with Montana-based non-profit health system firm Billings Clinic - Logan Health
** Co on Wednesday said its US unit has signed a seven-year, A$43 million contract with Virtua Health, based in New Jersey, for a unified enterprise imaging platform

** Stock down 12.2% YTD


($1 = 1.4255 Australian dollars)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.