Universal Biosensors rises on first device delivery after delays

Universal Biosensors

06/02/2023 24:34

** Shares of Australia's Universal Biosensors  UBI.AX  rise
as much as 13.1% to A$0.345, hitting their highest since August
2022
    ** Medical diagnostics firm says its first Xprecia Prime
devices were delivered in Europe following about 10 months of
delays due to supply chain snags
    ** Says expects much better sales performance from its
coagulation business during 2023
    ** Set to gain most since November 2022, if gains hold
    ** Stock fell 77.3% in 2022
 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))