BUZZ-Portage Biotech soars on potential deal with Immunova

Reuters

2024/12/17

** Shares of drug developer Portage Biotech Inc PRTG.O rise 187% at $9.09 premarket

** PRTG says that it has signed a letter of intent with Immunova for an option agreement to acquire its wholly owned subsidiary, iOx Therapeutics

** iOx Therapeutics focuses on developing immunotherapies - PRTG

** As of last close, stock has fallen ~91% YTD

(Reporting by Kamal Choudhury in Bengaluru)

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

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