Australia's Microba rises on agreements with SYNLAB for European expansion

Microba Life Sciences

13/04/2023 05:42

** Shares of Microba Pty Ltd  MAP.AX  rise as much as 3.2%
to A$0.325
    ** Precision microbiome co says agreements have been signed
with SYNLAB  SYAB.DE  affiliate organisations to expand
distribution of Microba's testing technology across Europe
    ** Adds four distribution agreements executed with SYNLAB
affiliate organisations in Poland, Hungary, Romania and Croatia
    ** Adds more agreements are anticipated to be completed in
the near term to continue this expansion activity with SYNLAB
    ** Stock had fallen 5.3% this year, as of last close

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@thomsonreuters.com))