Medigus: ScoutCam Announces $1.45 Million Order to Provide Miniature Camera Solution to Leading Fortune 500 Multinational Healthcare Corporation
Medigus Ltd. - American Depositary Shares (MDGS)
US:NASDAQ Investor Relations:
medigus.com/investor-relations/investor-faqs
Company Research
Source: GlobeNewswire
Tel Aviv, Israel, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS) (“Medigus”), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle (“EV”) and charging solutions, today announced that ScoutCam Inc. (OTCQB: SCTC) (“ScoutCam”, owned 27% by Medigus), a leading provider of Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) solutions, has received an order from a leading US-based, orthopedic, healthcare corporation to leverage ScoutCam's proven video technologies and products into a first-of-its-kind, FDA cleared, minimally invasive surgical device. Total revenues from miniature camera solution sales to this Fortune 500 customer are expected to amount to $2.5 million in 2023 and additional multiples of this amount in years to come. "We are thrilled to partner with a like-minded company that brings ongoing innovations to deliver the highest quality medical device systems to patients worldwide”,
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MDGS
Sec Filings
- 4/15/24 - Form 6-K
- 4/15/24 - Form 424B3
- 4/9/24 - Form 6-K
- MDGS's page on the SEC website