Australia's Imagion jumps after positive data on cancer detecting agent

Imagion Biosystems

08/12/2022 24:18

** Shares of Imagion Biosystems Ltd  IBX.AX  rise as much as
24% to A$0.031 - set for best day since July 5, if gains hold 
    ** Healthcare co announces interim data from its Phase I
study of breast cancer imaging agent
    ** Says results suggest molecular signature of the imaging
agent could help discriminate potentially cancerous nodes from
normal nodes when used with conventional MRI in patients 
    ** Shares of co hit their highest since Oct 26
    ** More than 12.31 mln shares change hands, compared with
the 30-day average trading volume of 1.18 mln shares 
    ** Shares down 67.1% YTD, as of last close
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))