It just registered that they said $100 per phase per head or $200/person, thus this contract could be worth over $2.0m p.a.
The core of MEB's solution is an algo or software and as such they are effectively providing a SaaS medical solution to these corporates. With everything running through a cloud system MEB's costs would likely scale at a much lower rate than revenues resulting in high margins once that inflection point of fixed costs and other development costs are covered.
Ann: Medibio signs first commercial agreement for its Corporate S, page-22
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