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DXB Dimerix News Story

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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)

((Keshav.singhchundawat@thomsonreuters.com))

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