4DMedical Ltd (AU:4DX) has released an update.
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4DMedical Ltd has entered a significant 5-year reseller agreement with Philips, granting Philips exclusive rights to distribute 4DMedical’s respiratory imaging products to U.S. government bodies and non-exclusive rights to other U.S. customers. This deal leverages Philips’ extensive relationships, particularly in the Veterans’ Affairs (VA) and the Department of Defense (DoD), potentially impacting millions of veterans with respiratory conditions. The partnership highlights a shared commitment to addressing the health challenges of veterans and marks a major step in 4DMedical’s U.S. commercialization efforts.
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