Australia's 4DMedical jumps on funding for lung scanner

4DMedical

24/07/2023 03:01

** Shares of 4DMedical Ltd  4DX.AX  jump as much as 8.8% to
A$0.745 - set to mark best day since July 4, if gains hold
    ** Medical technology firm says it won A$1.1 mln
($739,860.00) funding via the Clinical Translation and
Commercialisation Medtech programme, a federal government scheme
    ** Funding will help co expand its XV lung scanner
capability beyond ventilation into perfusion
    
($1 = 1.4868 Australian dollars)

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))