Australia's Nanollose rises on extending collaboration deal
20/03/2023 02:46
** Shares of Nanollose Ltd NC6.AX jump as much as 8.3% to
A$0.052, their highest since March 7
** Biotechnology company says extended collaboration
agreement with Birla Cellulose for an additional two years
** Agreement stipulates R&D objectives for conversion of
microbial cellulose into fibre
** More than 127,750 shares change hands, twice the 30-day
average volume
** Stock down 5.9% this year, as of last close
(Reporting by Poonam Behura in Bengaluru)
((Poonam.Behura@thomsonreuters.com;))