SIH Telemedicine

Israel-based telemedicine systems developer reports Q1 2005 results, contracts

Published in Cardiovascular Business Week, June 28th, 2005

During the first quarter of 2005, SHL Telemedicine (SHL) entered into significant contracts in both Germany and the U.S.

In Germany, Taunus Betriebskrankenkasse, a Frankfurt based health insurance company, has entered into an agreement for the utilization of the SHL telemedicine system for its members with chronic heart diseases. In the U.S., SHL entered into an exclusive marketing alliance with St. Jude Medical, a mechanical heart valve company, for the promotion of the INR@Home anticoagulation blood monitoring system.

SHL's financial performance during the quarter was in line with its expectations. Revenues amounted to $26.2 million, compared with...

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Source: Cardiovascular Business Week (2005-06-28)

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