BUZZ-Australia's ImpediMed gains on five-year $15 million growth capital facility

Reuters

2025/02/06

** Shares of ImpediMed IPD.AX rise 5% to A$0.0525

** Stock set for best session since December 9, 2024, if gains hold

** The medical technology co's unit executes an agreement for a five-year $15 million growth capital facility with SWK Funding

** Co adds that funds raised will be used to support growth and commercialisation activities

** Stock down 3.9% this year, as of last close

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))

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