Biome Australia gains as quarterly sales beat forecast

Biome Australia

01/10/2025 02:09

** Shares of Biome Australia BIO.AX rise as much as 8.5% to A$0.510; their biggest intraday pct gain since July 23

** Stock at highest level since Sept 5

** Pharma firm says its quarterly sales revenue was A$5.94 million ($3.92 million), up 8% from its forecast

** Sales revenue up 40% from last year

** BIO currently up 2.1%, bringing YTD losses to 20.3%

($1 = 1.5142 Australian dollars)

 (Reporting by Adwitiya Srivastava in Bengaluru)

 ((Adwitiya.Srivastava@thomsonreuters.com))