Australia's Alcidion Group rises on signing contract extension

Alcidion

06/03/2024 02:58

** Shares of Alcidion Group  ALC.AX  rise as much as 3.9% to
A$0.053, hitting their highest level since Feb. 20
    ** Healthcare tech co signs contract extension with Dartford
& Gravesham NHS Trust (DGT) for three more years for A$3.4
million ($2.21 million)
    ** Adds, under contract, it will use DGT's Miya Precision
platform - technology used to automate various daily tasks for
hospitals
    ** Stock down 32% this year, as of last close
    
($1 = 1.5373 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))