AFT Pharmaceuticals eyes best day in 6-weeks on launching OTC meds in China

Roolife

07/07/2022 02:01

** Shares of the New Zealand-based drug maker AFT
Pharmaceuticals  AFT.NZ  climb as much as 4.8% to NZ$3.720, on
track for their biggest intra-day pct jump since May 24 
    ** AFT shares hit their highest since June 23 
    ** Co says it has launched over-the-counter (OTC) medicines
through a store in China Cross Border E-Commerce via a
partnership with its Australian peer Roolife Group  RLG.AX 
 urn:newsml:reuters.com:*:nFWN2YN14L
    ** RLG shares soar 40% to A$0.014, set for their best day
since July 2020
    ** More than 1.28 mln shares change hands as compared with
the 30-day average volume of ~904,300 shares  
    ** AFT down 20.8% this year, as of last close, vs a 14.6%
decrease in the benchmark S&P/NZX 50 index  .NZ50  


 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))