** Shares of Biome Australia Ltd BIO.AX rise as much as
14.3% to A$0.120, set for their best session ever
** Biotech service co says independent clinical trial
results demonstrate efficacy of a targeted probiotic in
treatment of asthma in children urn:newsml:reuters.com:*:nASX4cqS3F
** Says use of Biome Breathe Probiotic led to 64.2%
reduction in asthma exacerbations
** Says clinical validation opens commercial opportunities
for co
** Stock hits highest level since Jan. 20
** As of last close, stock down 12.5% this year
(Reporting by Navya Mittal)
((Navya.Mittal@thomsonreuters.com;))