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ImpediMed (ASX:IPD) partners with Icon Group for cancer screening

Health Care
ASX:IPD      MCAP $159.8M
30 September 2021 10:50 (AEST)
ImpediMed (ASX:IPD) - Departing MD and CEO, Richard Carreon

Source: ImpediMed

ImpediMed (IPD) has partnered with Icon Group to establish lymphoedema screening services for breast cancer patients across Australia and New Zealand.

Icon is reportedly Australia’s largest dedicated cancer care provider, with 31 cancer centres in Australia and a presence across oncology hospitals and radiation facilities in New Zealand, Singapore, Hong Kong and mainland China.

Together, the companies will roll out 13 SOZO units — a digitally connected health platform that enables IPD to see patient testing in real time, anywhere in the world.

In recent months, ImpediMed said it had identified a deep pipeline of opportunities across the Asia Pacific and US markets as large hospital systems seek to improve patient care and grow within a COVID-19 environment.

Icon Group CEO Mark Middleton said the provision of lymphoedema screening at 13 Icon centres would help cancer patients take control from the start of their journey.

“SOZO facilitates the identification of each patient’s individual risk of developing lymphoedema, ensuring the early detection of lymphoedema and the delivery of appropriate education and management to reduce its progression,” he said.

“At a time when there are so many uncertainties for a patient, this service arms them with important knowledge to manage their wellbeing throughout surgery, treatment and beyond.”

ImpediMed Managing Director and CEO Richard Carreon also commented on the deal.

“We are proud to work with providers like Icon who strive for the highest levels of care for patients undergoing cancer treatment,” he said.

“This agreement opens the door to thousands of patients to participate in a state-of-the-art lymphoedema prevention program aimed at stopping chronic lymphoedema before it starts”.

Mr Carreon said he believed the Icon contract to be the first of many expansions led by the company’s corporate accounts team.

Shares were trading flat at 12 cents each at 12:38 pm AEST.

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