Why the Alcidion (ASX:ALC) share price is jumping 8% to a 52-week high today
James Mickleboro | March 2, 2021 12:31pm |
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Alcidion Group Ltd(ASX: ALC) share price is charging higher on Tuesday afternoon.
At the time of writing, the healthcare technology company’s shares are up 8% to a 52-week high of 26.5 cents.
Why is the Alcidion share price charging higher?
Investors have been pushing Alcidion shares higher today following the release of an announcement after lunch.
According to the release, the company has signed a contract with New Zealand’s Te Manawa Taki (TMT) region District Health Boards (DHBs) for a pilot implementation of Better’s OPENeP Electronic Medication Management solution.