Australia's Analytica to distribute medical device in the Middle East, shares jump

Analytica

20/04/2021 02:36

** Shares of Analytica Ltd  ALT.AX  rise as much as 25% to
A$0.005
    ** Medical device maker says its Enhanced Infusion System
will be available in the Middle East  urn:newsml:reuters.com:*:nASX81TGWN
    ** The system is a solution to reduce monitoring costs and
automatically restart flow after medication delivery during
intravenous fluid infusion, and is used for treatment of stress
urinary incontinence
    ** Says the system will be marketed and distributed in 
Egypt, Bahrain, Iran, Iraq, Jordan, Kuwait, Lebanon, Saudi
Arabia and United Arab Emirates
    ** Stock up 33.3% YTD, as of last close

 (Reporting by Arundhati Dutta in Bengaluru)
 ((Arundhati.Dutta@thomsonreuters.com;))