Australia's Dimerix soars on commercialisation deal with Everest Medicines
BUZZ-Australia's Dimerix soars on commercialisation deal with Everest Medicines ** Shares of Australia's Dimerix DXB.AX rise as much as 51.5% to A$0.250, their highest since April 30
** Clinical stage biopharmaceutical firm says it entered into an exclusive agreement with Everest Medicines 1952.HK
** Agreement to commercialise DMX-200 for the treatment of Focal
Segmental Glomerulosclerosis, a rare kidney disease, in Greater China, South Korea and Southeast Asia** Around 13.1 mln shares change hands, nearly 6.3x 30-day average
** DXB down 64.1% YTD
(Reporting by Keshav Singh Chundawat in Bengaluru)
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