Launch of employee health screening service

Summary by AI BETAClose X

EDX Medical Group plc is launching a new employee health and wellbeing screening service in the UK, offering comprehensive tests for cancer, cardiovascular disease, and metabolic disorders, with panels ranging from 40 to 80 biomarkers. The company has reached agreements in principle with three employers representing 14,000 employees, anticipating revenue exceeding £2 million this financial year from these initial contracts, with potential for repeat business in subsequent years. Testing is scheduled to commence in the fourth quarter of the current calendar year, utilizing EDX Medical's nursing and logistics teams for on-site sessions and follow-up diagnostic services.

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