Australia's Alcidion Group rises on $3.5 million contract

Alcidion

11/02/2025 24:38

** Shares of Alcidion Group  ALC.AX  rise as much as 7.8% to
A$0.083, their highest since August 26, 2024
    ** Healthcare tech co says it secured a contract with Hywel
Dda University Health Board in Wales for A$5.5 million ($3.45
million) 
    ** Contract to deploy co's Miya Precision platform for
managing patient information
    ** About 2.4 million shares change hands, 2.5 times the
30-day average of 953,343 shares
    ** Stock up 38.3% YTD, including session's gains session


($1 = 1.5957 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)
 ((Jasmeenaraislam.shaikh@thomsonreuters.com))