Australia's Corum Group hits 1-week high on platform service deal

Pharmx Technologies

07/02/2022 03:38

** Shares of the software developer  COO.AX  climb as much
as 5.3% to A$0.300, their highest since Jan 31 
    ** Corum Group says Symbion and Pro-pharma, wholesalers in
Australia and New Zealand, have signed a long-term deal for its
businesses to continue to utilize PharmX platform   urn:newsml:reuters.com:*:nASX7F2FKW
    ** Adds that deal is for an initial term of three years with
a rolling term for another two years
    ** More than 534,100 shares change hands, as compared with
the 30-day average volume of ~238,800 shares 
    ** Stock down 5% this year, as of last close
    

 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))