Australia's Micro-X rises on government funding for product development

Micro-X

23/09/2025 05:47

** Shares of Australia's Micro-X MX1.AX rise as much as 17.7% to A$0.093, their biggest intraday pct gain since July 30

** Health technology co is awarded an A$4.4 million grant by the Australian government’s industry growth program

** Grant to build and trial an ambulance that would include stroke diagnosis, using co's currently-under-development Head CT device

** YTD, stock up 4.5%, including the session's gains

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))