Median Technologies reports 2023 revenue decrease

French software developer Median Technologies has reported a decrease in revenue for 2023 (end-December 31), posting 22.2 million euros ($24 million), a decline of 6.7% compared with 23.7 million euros ($25.7 million).

For its fourth quarter, the company reported revenues of 5.3 million euros ($5.7 million), slightly higher than the 5.1 million euros ($5.5 million) it posted in the same period in 2022. The firm attributed this increase to its iCRO business unit, which uses imaging to develop new cancer drugs.

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