.
** Shares of Australia's Rhythm Biosciences RHY.AX rise 7.1% to A$0.225, set for their best session since March 11, if gains hold
** The medical diagnostics company accelerates the commercial rollout of its blood based ColoSTAT colorectal cancer test
** Says 4Cyte Pathology, a pathology services provider, has activated an initial network of 38 blood collection sites across states that enables clinician referral and patient access to ColoSTAT
** Immediate scale-up can now proceed directly with physicians, co adds
** RHY stock up 66.7%, year-to-date
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))