Australia's Bluechiip jumps most in over 3 years on deal with U.S.-based medtech co

Bluechiip

26/10/2021 03:41

** Shares of Bluechiip Ltd  BCT.AX  rise as much as 113.3%
to A$0.064, their biggest single-day rise since August 2018
    ** The wireless tracking devices maker signed a two-year
license and development deal with U.S.-based medical devices
manufacturer Fujifilm Irvine Scientific Inc   urn:newsml:reuters.com:*:nASX4QdYQl
    ** Co to customise and develop a range of Bluechiip-enabled
technologies mainly for IVF customers to improve traceability
    ** Shares at their highest level since November 2020
    ** Trading volumes are at 59.1 mln, nearly 70 times the
30-day avg of 883,530 shares
    ** Stock down 31.8% this year, as of last close

    

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))