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SIAMH Sees Revenue Growth Amid Therapy Innovations

Singapore Institute of Advanced Medicine Holdings Ltd. (SG:9G2) has released an update.

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Singapore Institute of Advanced Medicine Holdings Ltd. reported a 3% increase in revenue to $16.65 million for the year ending June 2024, with a significant boost in their Radiation Therapy and Medical Oncology Services segment. The company’s innovative use of the Varian ProBeam Compact proton therapy system, operational since June 2023, is seen as a key driver of this growth. Despite a loss of $37.4 million, the firm remains at the forefront of cutting-edge cancer treatment technologies.

For further insights into SG:9G2 stock, check out TipRanks’ Stock Analysis page.

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