Biome Australia hits record high on key research agreement

Biome Australia

11/12/2023 01:09

** Shares of Biome Australia  BIO.AX  rise as much as 7.8%
to A$0.173, hitting an all-time high     
    ** Health services co says it executed agreement with key
research and development partner, to develop novel biological
intellectual property to be 100% owned by Biome
    ** Under agreement, development costs are capped at EUR
115,000 per strain - co
    ** 379,346 shares change hands, compared with the 30-day
average volume of 223,806
    ** Stock up 127% YTD as of last close
    

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))