Australia's Beamtree surges on new distribution contract with Abbott
16/12/2022 24:38
** Shares of Beamtree Holdings Ltd BMT.AX surge as much as
9.7% to A$0.340, best day since Dec 7, if gains hold
** Healthcare technology firm agrees new global contract
with Abbott ABT.N to distribute co's core diagnostics product
RippleDown urn:newsml:reuters.com:*:nASX5Tkq16
** Sees agreement to be a material contribution to its total
revenue
** Stock down 36.7% this year as of last close
(Reporting by Poonam Behura in Bengaluru)
((Poonam.Behura@thomsonreuters.com;))
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Australia's Beamtree Holdings climbs on securing cross-border contract