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LiDCO secures first customer for programme
Hospital equipment monitoring specialist LiDCO (LID:AIM) has scored its first US customer for its high usage programme. The undisclosed customer, one of the world’s largest cancer hospitals, signed a deal for 44 monitors to check the amount of blood flowing around the body.
On an annualised basis the contract should result in a 35% uplift in LiDCO’s annual recurring revenue in the US. Year-to-date shares in the company are up nearly 50% at 8.8p.