Robot hand reaching out to a person
Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Pro Medicus (ASX:PME) is strengthening its investment in research and development for imaging product, the Visage AI Accelerator platform in the U.S., signing a multi-year agreement with the University of California San Francisco.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

The agreement – signed between the university and Pro Medicus’ U.S. subsidiary Visage Imaging, Inc. – will provide a framework through which the two parties will collaborate on the development and commercialisation of the platform, looking specifically into its artificial intelligence capabilities.

It will also build on a relationship already established with UCSF through an existing agreement related to Pro Medicus’ Visage 7 Viewer product.

Visage Imaging Global CTO Malte Westerhoff said the partnership around Visage AI Accelerator was a very important milestone.

“Our AI Accelerator program was designed to closely align Visage’s engineering and product development capability with clinical research partners such as UCSF who have a depth of clinical knowledge and extensive research expertise,” he said.

More market news

Kowtow: “Biggest day in financial history” on Trump’s tariffs retreat

Meet GeoGeorge: The HotCopper poster so accurate he got hired as an analyst

Mr Westerhoff continued: “It provides a unique set of tools for data de-identification, collection, curation, analysis and ‘path-to-production’ in research projects bringing the efficiency and speed of Visage technology to research, resulting in a unified link between the two domains.”

PME shares last traded at $210.32 – a fall of 1.22% since the market opened.

Join the discussion: See what HotCopper users are saying about Pro Medicus and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

pme by the numbers
More From The Market Online

Eastern Gas Corporation jumps on strong gas shows at Macalister

Eastern Gas Corporation has obtained positive gas hits from drilling of the Venus-2H horizontal appraisal well…

Pro Medicus signs $25M contract with US-based Valley Health

Pro Medicus' US subsidiary Visage Imaging has signed a seven-year, $25 million contract with Valley Health…

Noble Helium expanding portfolio with move to acquire Earth Source Hydrogen

Noble Helium has entered into a binding agreement to acquire 100% of the issued share capital…

Janison Education Group secures landmark UK contract with NFER

Janison Education Group has been named as principal technology subcontractor under a major Scottish government contract.