Australia's Alcidion rises on winning $24 mln contract

Alcidion

21/02/2025 03:35

** Shares of Alcidion Group  ALC.AX  rise 29.4% to A$0.11,
hitting their highest level since mid-October 2023
    ** Healthcare tech firm wins contract valued at A$37.5 mln
($24 mln) with UK's North Cumbria Integrated Care NHS Foundation
Trust
    ** Contract for use of co's Miya Precision platform to
provide an electronic patient record
    ** 17.9 mln shares traded, highest since early-Nov 2020
    ** Stock up 83.3% YTD, including current session's moves

($1 = 1.5623 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))