** Shares of drug developer Kazia Therapeutics KZIA.O rise 69% to $13.74 premarket
** Co says its experimental cancer therapy, paxalisib, destroyed large tumor cell clusters in blood samples taken from patients with advanced HER2-positive breast cancer
** Therapy achieved 100% disruption of circulating tumor cell clusters containing three or more cells, which are linked to aggressive disease
** Study led by Professor Sudha Rao at QIMR Berghofer in collaboration with Kazia
** Co plans to present more detailed data at global oncology meeting later this year
** As of last close, stock down 6.8% YTD
(Reporting by Kamal Choudhury in Bengaluru)
((Kamal.Choudhury@thomsonreuters.com;))