Artrya Limited (ASX:AYA) Secures Multi-Year Contract with Sonic Healthcare Australia
Contract Details
Artrya Limited (ASX:AYA) has secured a three-year commercial agreement with Sonic Healthcare Australia – Radiology for the use of its Salix® Coronary Anatomy platform. The contract will generate revenue through a Software-as-a-Service (SaaS) subscription model, with initial revenue expected in Q4 FY25. Sonic Healthcare, the second largest diagnostic imaging provider in Australia, operates over 125 radiology centres and is integrating Salix into all centres performing Coronary Computed Tomography Angiography (CCTA) scans.
Executive Comments
CEO Mathew Regan stated, “Our contract with Sonic is a significant milestone for our commercial growth in Australia. We are thrilled to partner with a globally leading healthcare provider who is also Australia’s second largest radiology group, placing our lifesaving, AI-driven technology in the hands of Australian clinicians to improve the diagnosis of the world’s number one killer, heart disease.”
Sonic Healthcare Australia – Radiology CEO Dr Julian Adler commented, “We are proud to incorporate Salix as part of our first line process for cardiovascular care. Salix offers an evidence-based, personalised approach to the imaging of patients at risk for coronary vascular disease. Importantly, Salix provides a rapid, full assessment of the coronary arteries at the point of care, thus supporting our skilled cardiovascular imaging specialists and significantly improving the diagnostic workflow for our patients and their referrers. Artyra’s technology enhances the standard of care for the non-invasive diagnosis of coronary artery disease.”
Motley Fool contributor Abbie Stokes 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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