Australia's BTC Health sees best day on medical device distribution rights
22/02/2021 03:32
** Shares of biotech-focused investment co BTC Health
BTC.AX rise as much as 143.8% to A$0.195 - their biggest
intraday pct gain ever
** Co says investee company BioImpact Pty Ltd secured
exclusive distribution rights from medical instruments maker GPX
Medical AB GPXMED.ST for the NEOLA medical device in
Australia, New Zealand and Singapore urn:newsml:reuters.com:*:nASN000UR2
** Co says the NEOLA medical device is used to measure lung
volume changes and oxygen gas concentration in the lungs of
preterm born infants
** BTC hits highest since Aug 6, 2018
** About 14.3 mln BTC shares change hands vs 30-day average
of about 295,000 shares
** BTC has fallen 8.1% this year, as of last close
(Reporting by Soumyajit Saha in Bengaluru)
((Soumyajit.Saha@thomsonreuters.com;))