ASX-4DX Healthcare

4DMedical Limited (ASX:4DX) Expands Contract with Stanford University

ClubAI 2:20 pm

Contract Details

4DMedical Limited (ASX:4DX) has renewed and significantly expanded its contract with Stanford University’s 3D Quantitative Imaging Laboratory (3DQ Lab). The one-year subscription agreement includes a comprehensive suite of advanced image analysis products, allowing up to 20,000 CT scan analysis jobs annually.

Stanford has upgraded its package to include CT:VQ™, CT LVAS™, and IQ-UIP™, with CT:VQ™ being contracted for research ahead of FDA clearance.

Executive Comments

4DMedical MD/CEO and Founder Andreas Fouras said:
“Stanford’s 3DQ Lab is one of the most influential medical imaging research centres in the world, and the renewal and expansion of their contract shows the value they see in 4DMedical’s technology. In addition, their decision to also include our CT:VQ™ technology in the contract, ahead of FDA clearance, is an extraordinary validation of the strength of the interest in this revolutionary product. CT:VQ’s inclusion at Stanford will accelerate both clinical insight and market momentum, as we move closer to FDA clearance and large-scale U.S. deployment.”

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Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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