BUZZ-Australia's Artrya rises to highest since January on US hospital group contract

Reuters

07-10

BUZZ-Australia's Artrya rises to highest since January on US hospital group contract

** Shares of Artrya Ltd AYA.AX rise as much as 8.2% to A$0.99, hitting their highest level since January 17

** Medical technology firm signs a $0.6 mln, 5-year commercial agreement with Tanner Health, a U.S.-based hospital operator

** Under the contract, AYA's AI cloud platform for coronary artery disease management will be rolled out across Tanner Health's network of hospitals, once cleared by the FDA

** Co expects its first U.S. revenue generated from the AI platform in the current quarter

** Stock up 6% currently, bringing YTD gains to 83%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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