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Artrya Secures First U.S. Contract with Tanner Health for Salix® Platform

Story Highlights
  • Artrya Limited signs a US$0.6M contract with Tanner Health for its Salix® platform.
  • This marks Artrya’s first U.S. revenue, enhancing its market presence and industry positioning.
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Artrya Secures First U.S. Contract with Tanner Health for Salix® Platform

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The latest update is out from Artrya Limited ( (AU:AYA) ).

Artrya Limited has signed a five-year contract valued at US$0.6 million with Tanner Health, marking its first revenue in the U.S. market with the commercial launch of its Salix® Coronary Anatomy platform. This agreement is a significant milestone for Artrya as it transitions to a revenue-generating phase and integrates its platform across Tanner Health’s network, providing a pathway for future revenue opportunities with additional modules pending FDA clearance. The collaboration with Tanner Health not only validates the clinical utility of Artrya’s technology but also sets a precedent for future U.S. rollouts, enhancing its industry positioning and expanding its market presence.

The most recent analyst rating on (AU:AYA) stock is a Buy with a A$2.21 price target. To see the full list of analyst forecasts on Artrya Limited stock, see the AU:AYA Stock Forecast page.

More about Artrya Limited

Artrya Limited is an Australian medical technology company that specializes in AI-powered solutions for the detection and management of coronary artery disease. The company’s proprietary software analyzes coronary CT scans to identify key biomarkers of heart disease, aiding clinicians in more accurate and efficient diagnoses. Artrya is focused on advancing cardiac care through innovative technology and is actively engaged in regulatory and commercial activities across key international markets.

Average Trading Volume: 192,070

Technical Sentiment Signal: Buy

See more insights into AYA stock on TipRanks’ Stock Analysis page.

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