Australia's LTR Pharma jumps on JV for online health platform

Ltr Pharma

12/11/2024 01:19

** Shares of LTR Pharma  LTP.AX  rise as much as 6.2% to
A$1.63, hitting their highest since Oct. 22
    ** Stock logs its fifth consecutive session of gains
    ** Biotech co signs joint venture agreement with local men's
health group Restorative Sexual Health Clinic
    ** JV to launch an online healthcare platform for medical
consultations, therapeutic services and prescription treatments
    ** Online platform expected to launch in the first quarter
of 2025
    ** LTP up 355.1% YTD, including current session's moves

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com))