Investing.com-- Shares of Australia’s Pro Medicus Ltd (ASX: PME ) surged to a record high on Thursday after the healthcare imaging firm announced two major U.S. contracts worth a combined A$190 million ($125 million).

The company signed a 10-year, A$170 million deal with Colorado-based UCHealth to deploy its cloud-based Visage 7 Enterprise Imaging Platform, replacing legacy systems.

Separately, Pro Medicus secured a 5-year, A$20 million renewal and expansion with Louisiana’s Franciscan Missionaries of Our Lady Health System (FMOLHS), including a new contract for its Visage 7 Open Archive.

Pro Medicus shares rose as much as 11% to $316.47, an all-time high. The stock was trading 9.2% higher at A$311.50 as of 03:26 GMT.