Pro Medicus has secured a seven-year, A$25 million contract with Valley Health in the US. The deal covers its full range of Visage 7 imaging products, with the system expected to go live in early 2027.
BUSINESS
Abbott Settles Infant Formula Cases for $670M After $495M Verdict
The agreement resolves claims brought by 2,000 people over specialty formulas for preterm infants, including a Missouri case involving an Illinois girl who developed the serious bowel disease necrotizing enterocolitis.
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Google Gets Option to Buy $12.2 B Marvell Stake
Google can buy up to 58.97 million Marvell shares at $206.58 each, potentially making it Marvell’s fifth-largest investor. The deal will also expand Marvell’s role in Google’s AI chip development.
Business
Lyntris Raises About $298 Million in Downsized US IPO
Defense contractor Lyntris and existing shareholders raised $297.5 million in its US IPO, with 17 million shares priced at $17.50 each, below the initial $19 to $22 range.
Business
Charles Schwab to Scale India Centre Workforce to 2,000 by 2027
Charles Schwab will expand its Hyderabad centre to support its US operations, bringing some technology work in-house and adding about 2,000 employees by 2027.
Energy Fuels takes over Australian Strategic Materials granted by the Federal Court
ASM shareholders will receive 0.053 New Energy Fuels CDIs and A$0.13 cash per share, while optionholders will receive A$0.50 cash per option.
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BCI Minerals Awards Contract for Mardie SOP Pilot Plant
The 150 kg/hr pilot plant will test SOP production from Mardie feedstock over a 12-month period and is funded within the existing A$1.443 billion project budget.
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WiseTech Shares Slide as ACCC Steps Up Scrutiny
The ACCC’s search of WiseTech Global over logistics services and software triggered a steep share-price decline and renewed investor concerns.
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How to Automate a Small Business
Discover how small businesses can use automation to handle repetitive tasks, save time, improve customer service, and focus more on growth.