Australia's LBT Innovations jumps on sale of imaging instruments to facility in London

Clever Culture Systems

18/05/2021 04:21

** Shares of LBT Innovations Ltd  LBT.AX  advance as much as
15.5% to A$0.082, their biggest one-day pct jump since Sept. 3,
2020
    ** The medtech firm says the the Health Services Laboratory
in the United Kingdom bought two instruments from co's APAS
Independence imaging technology  urn:newsml:reuters.com:*:nASX5dRb3f
    ** The sale includes modules to analyse urine and MRSA, an
antibiotic resistant bacteria - LBT
    ** LBT shares at their highest level since May 5
    ** Volumes at over five times the 30-day avg of 420,711, at
about 2.2 mln shares
    ** Stock has lost 42% this year as of last close

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))