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CYC — Cyclopharm News Story

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Australia's Cyclopharm rises after Chinese medical groups back its Technegas

BUZZ-Australia's Cyclopharm rises after Chinese medical groups back its Technegas

** Shares of Australia's Cyclopharm CYC.AX rise as much as 10.9% to A$0.510, their highest level since September 15

** Stock posts its biggest intraday pct gain since September 14

** Radiopharma co says seven Chinese medical bodies jointly published consensus recommending its Technegas ventilation imaging agent as preferred radiopharmaceutical for lung ventilation imaging

** Technegas is used in lung scans to help doctors diagnose blood clots and other lung conditions

** Stock down 50.5% year-to-date, including session moves


(Reporting by Roshan Thomas in Bengaluru)

((Roshan.Thomas@thomsonreuters.com;))

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