Australia's Nanollose gains on securing U.S. patent for fibre technology
14/03/2023 01:02
** Shares of Nanollose Ltd NC6.AX rise as much as 25% to
A$0.05, set for best day since Sept 15, if gains hold
** The biotechnology co says it has been granted patent
approval by United States Patent and Trademark Office (USPTO)
** Co says patent relating to its fibre technologies and
covers pulping of microbial cellulose for use in the production
of viscose fibre
** Stock down ~22% this year, as of last close
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))