Australia's Microba jumps on U.S. distribution deal for microbiome test

Microba Life Sciences

07/02/2023 02:53

** Shares of Microba Pty Ltd  MAP.AX  jump as much as 21.6%
to A$0.45, highest since Nov. 4, 2022 
    ** Precision microbiome firm says signed an agreement with
Luminary Health Centers Inc to distribute its microbiome test to
consumers in the United States
    ** Says the initial 12-month phase of the agreement has a
value of $458,000 to co
    ** Stock on track for best day since Dec. 17, 2022, if gains
hold
    ** Stock had risen 11.1% this year, as of last close
 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))