Spectral MD rises as BARDA approves additional $19 mln funding

Spectral MD Holdings

06/09/2021 09:33

** Predictive analytics co's shares  SMD.L  up 3.3% at
47.50p 
    ** Co receives additional funding of $18.8 mln from the U.S.
Biomedical Advanced Research and Development Authority (BARDA)
    ** Funding will be used to expand current clinical training
study of co's treatment system for burn wound healing assessment
    ** Award originally expected in March 2022 and was given
earlier due to successful kickoff of study at first five sites -
SMD CEO   urn:newsml:reuters.com:*:nRSF7582Ka

 (Reporting by Aditi Sebastian in Bengaluru)
 ((aditi.sebastian@thomsonreuters.com;;  outside U.S. +91 7760
787 976;))