Median Technologies: iCRO Q3 sales rebound, eyonis data driving momentum
The company shared a preview of its H1 results in late July, so there was no surprise in yesterday's full post-market disclosure (see our previous note here). However, relevant updates were provided on Q3 performance. Supported by the all-time high H1 2024 order backlog, we are pleased to see iCROMedian Technologies is engaged in medical imaging. Co. develops software applications for the interpretation and management of medical images, whose purpose is to automatically detect and quantitatively measure abnormalities that may be signs of diseases. In addition to being involved in patient care applications, Co.'s software is used today used by biotechnology companies and pharmaceutical companies during their oncology clinical trials. Co.'s activities are structured around three strategic areas: Imaging for patients with cancer; Imaging for oncology clinical trials and Imaging Phenomics.
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