BUZZ-BioAge Labs rises on Novartis collaboration for age-related disease drugs

Reuters

2024/12/18

** Drug developer BioAge Labs' BIOA.O shares rise ~10% to $4.52

** BIOA says it is collaborating with Swiss drugmaker Novartis NOVN.S to find new drug targets for age-related diseases

** BIOA will receive $20 mln upfront and up to $530 mln in milestone payments

** Including session's moves, stock down 80% YTD

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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