BUZZ-Australia's Alcidion Group rises on $3.5 million contract

Reuters

2025/02/11

** Shares of Alcidion Group ALC.AX rise as much as 7.8% to A$0.083, their highest since August 26, 2024

** Healthcare tech co says it secured a contract with Hywel Dda University Health Board in Wales for A$5.5 million ($3.45 million)

** Contract to deploy co's Miya Precision platform for managing patient information

** About 2.4 million shares change hands, 2.5 times the 30-day average of 953,343 shares

** Stock up 38.3% YTD, including session's gains session

($1 = 1.5957 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))

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