PME Signs Research Collaboration Agreement with Mayo Clinic

3 June 2021; Company Announcement - Mayo Clinic Research Collaboration Agreement - Acrobat pdf 125k Highlights PME signs multi-year research collaboration agreement with Mayo Clinic Mayo Clinic to leverage the capabilities of the Visage AI Accelerator platform Collaboration to facilitate artificial intelligence (AI) research and development with a view to product commercialisation Builds on existing Mayo Clinic Visage 7 Viewer agreement Leading health imaging company Pro Medicus Limited [ASX: PME] today announced its wholly owned U.S. subsidiary, Visage Imaging, Inc., has signed a multi-year research collaboration agreement with Mayo Clinic. The agreement will serve as the framework for collaboration between the two parties to facilitate development and commercialisation in the field of AI leveraging the Visage AI Accelerator platform. “Our AI Accelerator program was designed to closely align Visage’s engineering and product development capability with clinical research partners such as Mayo Clinic who have a depth of clinical knowledge and extensive research expertise,” said Malte Westerhoff, PhD, Visage Imaging Global CTO. “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.” Dr Westerhoff continued, “We see AI playing a significant role in healthcare particularly in our field of imaging IT. We have optimized our Visage 7 platform for AI enabling both our own, as well as third-party algorithms to be seamlessly integrated into the clinician’s desktop. We see this research collaboration agreement with Mayo Clinic as another significant piece of our AI strategy, one that has the potential to develop innovative AI solutions that meet well defined clinical goals and ultimately lead to better patient outcomes.”

Pro Medicus Signs Key US Contract

4 July 2016; Company Announcement Pro Medicus Signs Mayo Clinic - Acrobat pdf 123k Key Points PME signs 6 year deal with Mayo Clinic in the US Visage 7 to be implemented enterprise-wide throughout Mayo Clinic’s Radiology departments Estimated value to PME in excess of AUD $18 million Transaction-based model with potential upside Third major US deal in 4 months Recent deals reposition PME in US market Leading health imaging company Pro Medicus Limited [ASX: PME] today announced its wholly owned US subsidiary, Visage Imaging, Inc., has signed an AUD $18 million, six-year contract with Mayo Clinic. The contract, based on a transaction licensing model, will see Pro Medicus’ Visage 7 technology implemented across Mayo Clinic’s Radiology practices. Project planning has begun with the first sites scheduled to move into production in the second quarter of FY2017 with the remaining sites rolling out over an 18 month period with project completion set for the fourth quarter of FY2018. “This is a very significant contract for us and further validates our belief that Visage 7 is uniquely positioned to cater for the needs of the most sophisticated and demanding clinical environments,” said Dr Sam Hupert, Pro Medicus CEO. “It has the speed and functionality to meet the requirements of a large and diverse group of high-end clinical users as well as the scalability to handle the huge data volumes that a medical enterprise of this size generates”. Dr Hupert continued, “This is the third major deal we have signed in the past few months following our recent Mercy and FMOLHS announcements, and further cements our growing footprint in the North American market. With this deal we have reached another major milestone in terms of market acceptance and we look to build on this

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