Australia's Racura Oncology jumps most in a month after raising $24 million

Racura Oncology

16/06/2026 05:24

** Australia's Racura Oncology RAC.AX rises as much as 13.2% to A$2.66, its biggest one-day gain since May 15
** Biopharmaceutical firm says it raised a total of A$34.3 million ($24.22 million); money to fund three oncology clinical trials
** Around 225,000 shares change hands, nearly 1.5x 30-day average
** RAC down 12.1% YTD

($1 = 1.4160 Australian dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)
 ((Keshav.singhchundawat@thomsonreuters.com))