NZ's Rua Bioscience rises on securing exclusive dsitribution for medical device

Rua Bioscience

25/11/2025 24:29

** Shares of Rua Bioscience RUA.NZ gain 3.6% to A$0.029, their highest level since November 19

** Medical cannabis firm says it has secured exclusive distribution rights in New Zealand for its dry herb vaporiser device, Oleo Panacea

** Says distribution agreement adds a new product category to co's portfolio alongside the creation of a fresh revenue stream

** Stock up 2.8% YTD, including the day's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))