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DXB — Dimerix News Story

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Australia's Dimerix rises on patent approval in Mexico

BUZZ-Australia's Dimerix rises on patent approval in Mexico

** Shares of Australia's Dimerix DXB.AX rise as much as 10% to A$0.275, marking their biggest pct gain since August 20

** Clinical-stage biopharmaceutical company says Mexico has granted a patent for DMX-652, a drug candidate for acute kidney injury

** The patent expands protection for DMX-652 in Mexico, one of Latin America's largest pharmaceutical markets

** Co says the approval strengthens the commercial potential of DMX-652, following a similar approval for the drug in U.S.

** YTD down 53.6%, including the session's moves


(Reporting by Paridhi Minda in Bengaluru)

((Paridhi.minda@thomsonreuters.com;))

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