Australia's Proteomics jumps on $4 mln boost for Western Australia facility

Proteomics International Laboratories

01/07/2025 02:07

** Proteomics International PIQ.AX jumps as much as 9.2% to A$0.355, highest since June 23

** Medical technology firm announces A$6 mln ($3.9 mln) expansion of its Western Australia facility

** Says expansion to support co's implementation of protein biomarker analysis, a technique used to detect specific proteins in biological sample

** YTD, PIQ falls ~60%

($1 = A$1.5211)

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))