Ann: HeraCARE commercial agreement with Joondalup Health Campus, page-2

And we are off...

Congratulations all..

HeraCARE commercial agreement signed with Joondalup Health Campus
• Agreement represents a significant step in HeraMED’s well-defined commercialisation strategy and is based on a Technology as a Service (TaaS) recurring revenue model
• Agreement with Joondalup Health Campus (JHC) follows the very successful clinical study at JHC which delivered excellent clinical and functional validation of the HeraBEAT device
• JHC (part of Ramsay Health Care) is one of Western Australia’s largest hospitals, a leading medical institution and a maternity care service provider to an average of 3,000 expectant mothers annually
• The initial part of the agreement includes a paid pilot involving 100 expectant mothers, with JHC paying $A50 per user per month
• On completion of the pilot, both parties intend to enter into a comprehensive collaboration agreement for the full deployment of the HeraCARE platform as a standard JHC service

TCG