4DMedical Announces AU$6.5 million Cost Reduction Program to Drive Growth.

4DMedical Limited (ASX: 4DX) has unveiled a cost reduction initiative set to deliver AU$6.5 million in annualized savings, ensuring long-term financial sustainability. The measures, which include a workforce reduction of 25 full-time employees, complement the company’s prior operating expenditure cuts, bringing 1H FY25 net spending down by 11% compared to 2H FY24. Despite these reductions, 4DMedical remains committed to its core growth strategies, including advancing clinical evidence, expanding commercial partnerships, and accelerating the launch of CT: VQ after FDA clearance. 

The company reassures stakeholders that these cost-saving initiatives will not hinder revenue growth or key milestones. Alongside these changes, 4DMedical has also announced leadership updates, with Chris Cox stepping in as Interim CFO and Hamish George as the new Company Secretary. With a strengthened financial position and continued innovation in respiratory imaging, 4DMedical is well-positioned for future success.

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