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4DX 4DMedical News Story

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HealthcareHighly SpeculativeMid CapMomentum Trap

Australia's 4DMedical hits near 4-1/2-year high on fresh agreements

** Shares of 4DMedical 4DX.AX rise as much as 33.3% at A$2.06, their highest level since March 26, 2021

** The medical technology co signs agreements with global pharmaceutical company, Royal Melbourne Hospital and Spectrum Medical Imaging, to deploy its lung health analysis software

** Royal Melbourne Hospital will pilot 4DX's full portfolio for advanced lung ventilation analysis and clinical imaging assessment of lung health

** 4DX and Spectrum Medical Imaging (NSW) enters a multi-year agreement to support the National Lung Cancer Screening Programme in Australia

** About 11.7 million shares change hands, 1.8x 30-day average volume

** Stock currently up 25.9%, bringing YTD gains to 305.2%

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com))

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