Osprey Medical: Lands four-year distribution deal with healthcare giant
- Osprey Medical (OSP) landed a four-year distribution deal with global medical giant GE Healthcare today
- Under the deal, GE Healthcare will also distribute Osprey’s products to some key global markets over the next four years
- With GE Healthcare bringing in around $16.7 billion in annual revenue, this the biggest deal signed by Osprey in company history
- This in turn dramatically reduces the risk of a patient developing acute kidney injury (AKI)
- GE Healthcare is one of the biggest producers of medical dye for imaging in the world
- Shares in Osprey are trading over four per cent higher today, currently worth 4.7 cents each