OneMedNet Inks Agreement with a Global Top-10 Medical Technology Company
May 29 2024 - 4:05PM
OneMedNet Corporation (Nasdaq: ONMD) (“OneMedNet” or the
“Company”), the leading curator of regulatory-grade Real World Data
(“RWD”), inclusive of electronic health records, laboratory results
and medical imaging, is pleased to announce that it has entered
into a non-exclusive three (3)-year Master Services Agreement
(“MSA”) with an undisclosed U.S.-based medical technology company
that affects more than 150 million patients worldwide annually.
Pursuant to the MSA, OneMedNet will utilize its
proprietary iRWD™ platform to securely de-identify, search and
curate current, regulatory-grade clinical data for the new
customer, including its world-wide subsidiaries and affiliates,
under a pre-established fee-for-service model.
"As medical device companies increasingly look
to leverage the use of existing RWD, particularly medical imaging
data, across many stages of development, from ideation up to and
including post-market surveillance, there is growing industry
awareness and adoption of our highly differentiated iRWD™
platform,” said Aaron Green, OneMedNet’s President and CEO. “By
providing timely access to de-identified and hard-to-curate current
clinical information to this global medical technology industry
leader, our aim is to not only provide it with comprehensive,
accurate, and much needed patient information, but also help
improve its competitive positioning by enabling it better informed
decision-making.”
About OneMedNet Corporation
OneMedNet provides innovative solutions that
unlock the significant value contained within the Real-World Data
(“RWD”) repositories of more than 1,400 healthcare system and
provider sites that currently comprise its iRWD™ network.
OneMedNet’s proprietary iRWD™ platform provides secure,
comprehensive management of diverse clinical data types, including
electronic health records, laboratory results, and uniquely,
medical imaging. Employing its robust iRWD™ platform, the Company
securely de-identifies, searches, and curates the clinical data,
bringing a wealth of internal and third-party research
opportunities to its drug, medical device and imaging/diagnostic AI
development customers.
OneMedNet’s platform is designed to meet the
clinical requirements necessary across various domains, including
but not limited to rare diseases, oncology, and cardiology. The
Company is committed to delivering precise and robust research
support services that span the entire continuum of care. This
commitment is a cornerstone of OneMedNet’s strategy to enhance
patient outcomes and help pave the next wave of healthcare
innovation. For more information, please visit
www.onemednet.com.
Cautionary Note Regarding
Forward-Looking Statements
This press release contains forward-looking
statements. In addition, from time to time, we or our
representatives may make forward-looking statements orally or in
writing. We base these forward-looking statements on our
expectations and projections about future events, which we derive
from the information currently available to us. Such
forward-looking statements relate to future events or our future
performance, including: our financial performance and projections;
our growth in revenue and earnings; and our business prospects and
opportunities. You can identify forward-looking statements by those
that are not historical in nature, particularly those that use
terminology such as "may," "should," "expects," "anticipates,"
"contemplates," "estimates," "believes," "plans," "projected,"
"predicts," "potential," or "hopes" or the negative of these or
similar terms. In evaluating these forward-looking statements, you
should consider various factors, including: our ability to change
the direction of OneMedNet; our ability to keep pace with new
technology and changing market needs; and the competitive
environment of our business. These and other factors may cause our
actual results to differ materially from any forward-looking
statement. Forward-looking statements are only predictions. The
forward-looking events discussed in this press release and other
statements made from time to time by us or our representatives, may
not occur, and actual events and results may differ materially and
are subject to risks, uncertainties, and assumptions about us. We
are not obligated to publicly update or revise any forward-looking
statement, whether as a result of uncertainties and assumptions,
the forward-looking events discussed in this press release and
other statements made from time to time by us or our
representatives might not occur.
OneMedNet Contacts:
Stephen Kilmer, Investor RelationsPhone:
647.872.4849Email: stephen.kilmer@onemednet.com
Michael Wong, Director of MarketingPhone:
800.918.7189Email: michael.wong@onemednet.com
SOURCE: ONEMEDNET CORPORATION
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