** Shares of Neurizon Therapeutics NUZ.AX rise 12% to A$0.14
* Stock hit highest level since Jan.20
** Biotech firm receives U.S. patent for NUZ-001 for treatment of neurodegenerative diseases
** Adds, patent grant follows FDA's Orphan Drug Designation for NUZ-001 in May 2024
** Stock down 26.5% this year as of last close
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))