Australia's 4DMedical jumps most in near 2 mths on Koninklijke Philips N.V. deal

4DMedical

22/01/2024 01:01

** Shares of 4DMedical  4DX.AX  rise as much as 8.9% to
A$0.675, hitting their highest level since Jan 15
    ** Stock currently up 4.8%, sees best day since Nov. 29,
2023, if gains hold
    ** Medical technology co signed agreement with Koninklijke
Philips N.V.  PHG.AS 
    ** Adds agreement for commercialisation expansion of XV
Technology within the U.S. Department of Veterans Affairs
    ** Stock has fallen 13.3% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))