BUZZ-Australia's Memphasys soars on upbeat trial results for sperm selection device

Reuters

03/24

BUZZ-Australia's <a href="https://laohu8.com/S/MEM.AU">Memphasys</a> soars on upbeat trial results for sperm selection device

** Memphasys MEM.AX soars as much as 57.1% to A$0.011, set for biggest intraday gain since August 18, 2022

** Stock hits highest since January 6

** Medical devices maker reports positive clinical trial results for its Felix sperm selection system

** Says results exceed industry benchmarks in sperm selection for assisted reproductive technology

** Stock logs busiest trading day since October 2018, with ~50.3 mln shares traded vs 30-day avg of ~1.8 mln

** MEM last up ~43%, extends YTD gains to 25%

(Reporting by Aaditya Govind Rao in Bengaluru)

((Aaditya.govindrao@thomsonreuters.com;))

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