Australia's Corum Group rises as co signs deals with key pharma retailers

Pharmx Technologies

23/11/2021 03:04

** Shares of Corum Group Ltd  COO.AX  rise as much as 10.8%
to A$0.072, marking their biggest intraday pct gain since April
21
    ** The software developer signs multi-year agreements with
several large retail pharmacy groups, including TerryWhite
Chemmart, Alive Pharmacy Group and Good Price Pharmacy
Group urn:newsml:reuters.com:*:nASX9zVWt0
    ** Co says arrangements will help extend relationships
between the groups and its PharmX platform, and will drive an
increase in the number of connected suppliers on the platform
    ** PharmX is an electronic gateway that connects pharmacies,
pharmaceutical wholesalers and direct suppliers
    ** Stock hits highest since Nov 11
    ** Stock down 29.4% YTD, as of last close

 (Reporting by Arundhati Dutta in Bengaluru)
 ((Arundhati.Dutta@thomsonreuters.com;))