BUZZ-Australia's Cyclopharm gains on US medical technology supply deal

Reuters
03-14
BUZZ-Australia's Cyclopharm gains on US medical technology supply deal

** Shares of Cyclopharm CYC.AX rise 6.6% to A$1.525, their highest level since February 27

** Radiopharmaceutical co says its signed a 5-year agreement with USA Veterans Administration

** The five-year Federal Supply Schedule $(FSS)$ agreement works to expand co's medical radioactive technology Technegas’ adoption within the US federal healthcare system

** Stock set for second straight session of gains

** CYC up 4.7% YTD

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))

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