Biome Australia hits two-month high on upbeat full-year sales revenue

Biome Australia

01/07/2026 03:55

** Shares of Biome Australia BIO.AX climb as much as 17% to A$0.31, their highest level since April 28
** On track to log its best session since June 3
** Biotherapeutics maker reports record annual sales revenue of A$23.9 million ($16.46 million) for FY26, up 30% yoy
** On track for the Vision 27, its three-year strategic plan, target of at least A$75 million cumulative sales 
** About 811,000 shares change hands, 2.1 times the 30-day average
** Down 26% YTD, including the session's moves
     
($1 = 1.4516 Australian dollars)

(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com; ))