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Australia's 4DMedical jumps on winning contract from US co

ReutersMay 5, 2025 1:28 AM

4DMedical 4DX.AX jumps 13.6% to A$0.335, highest since March 26

Stock posts biggest intraday pct gain since April 15

Medical tech co secures contract with private U.S. co Intermountain Health to implement its Pulmonary Hypertension Analysis product, an AI-based algorithm designed for use in acute care settings

Says, "This contract establishes us within a health system of 33 hospitals and nearly 4,000 physicians"

Co did not disclose any financial details of the deal

YTD, 4DX falls 30.2%

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