Alcidion Group Signs AU$5.5 Million Contract With Welsh University; Shares Up 5%

MT Newswires Live

2025/02/11

Alcidion Group (ASX:ALC) signed a AU$5.5 million annual recurring subscription license contract with the Hywel Dda University Health Board in Wales for the use of its Miya Precision platform, according to a Tuesday Australian bourse filing.

The university health board will use Miya Precision for patient flow, observations and assessments, as well as a Smartpage for clinical communications and tasking.

The contract will last over five years, with an option to further extend for seven years for a total contract value of AU$7.7 million.

The company's shares rose past 5% in recent trading on Tuesday.

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