Australia's Mach7 hits near 21-month high on new licence agreement

Mach7 Technologies

21/07/2023 02:17

** Shares of medical imaging systems provider Mach7
Technologies  M7T.AX  rise as much as 7.1% to A$0.975 - their
highest since Oct. 26, 2021
    ** Co signs a 5-year licence agreement with Diagnostic
Imaging Associates (DIA)
    ** Agreement to provide co's eUnity solution to DIA for
general diagnostic interpretation and mammography reading
    ** Says agreement has total contract value of A$3.7 mln
($2.50 mln) 
    ** As of last close, stock up 59.7% this year


($1 = 1.4773 Australian dollars)

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))