Bloomberg News

D. Medical Jumps Most in Two Months on U.S. Distribution Accord

October 06, 2011

Oct. 6 (Bloomberg) -- D. Medical Industries Ltd. jumped the most in two months after its Spring Health Solutions Inc. unit signed a distribution agreement for its insulin infusion sets in the U.S.

Shares rose 8 percent, the most since Aug. 2, to 7.305 shekels at 11:27 a.m., giving the Ramat Gan, Israel-based company a market value of 57.1 million shekels ($15.4 million).

To contact the reporter on this story: Gwen Ackerman in Jerusalem at gackerman@bloomberg.net

To contact the editor responsible for this story: Susan Lerner at slerner2@bloomberg.net


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