BUZZ-Australia's Hydrix climbs to 11-month high on $1.7 million contract with SynCardia
Reuters
Jan 08
BUZZ-Australia's Hydrix climbs to 11-month high on $1.7 million contract with SynCardia
** Shares of Hydrix HYD.AX rise as much as 107.1% to A$0.029, their highest level since early February 2025
** The medical device distributor's unit enters a contract worth A$2.5 million ($1.68 million) to start development of SynCardia's total artificial heart
** The project is anticipated to be completed this year
** About 20.8 million shares change hands, 89.1 times the 30-day average
($1 = 1.4885 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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