Australia's Cardiex jumps on TGA nod for its arterial health device

Conneqt Health

02/06/2025 02:20

** Cardiex CDX.AX jumps as much as 21.4% to A$0.051, highest since May 23; last up 11.9%

** Stock posts biggest intraday pct jump since February 17

** Digital health tech co says its arterial health monitor, CONNEQT Pulse, has received approval for use in Australia from the Therapeutic Goods Administration (TGA)

** About 270,569 shares change hands, 1.6x the 30-day avg

** CDX last up ~12%, trims YTD losses to 51.6%

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))