Enlitic (ASX:ENL) signed a three-year deal with Bayer Healthcare to integrate its Endex medical imaging management software into the pharmaceutical firm's proprietary radiation dose management system, according to a Wednesday filing with the Australian bourse.
The software will be first rolled out to 50 radiation sites with an option to expand to 200 sites, the filing said.
The deal is expected to generate $50,000 per year during the contract term, which may be extended depending on site expansion.
Enlitic's shares surged almost 13% in recent Wednesday trade.
Price (AUD): $0.07, Change: $+0.01, Percent Change: +12.50%
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