BUZZ-Australia's Proteomics International jumps on new stress test for marathon runners

Reuters
2024-12-31
BUZZ-Australia's Proteomics International jumps on new stress test for marathon runners

** Proteomics International Laboratories PIQ.AX jumps as much as 9.5% to A$0.810, highest since Oct. 11

** Medical technology firm says its OxiDx test - a finger-prick blood test to measure oxidative stress - accurately identifies muscle damage in marathon runners

** PIQ sets sights on H1 CY25 for Australian commercial launch of OxiDx test

** More than 540,000 shares traded, 5x the 30-day avg

** Stock trims YTD losses to 12.3%

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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