BUZZ-Australia's ReNerve gains on partnership with Indian firm

Reuters
04-10
BUZZ-Australia's ReNerve gains on partnership with Indian firm

** Shares of ReNerve RNV.AX rise 9.5% to A$0.115

** Stock set for its strongest session since March 28, if current trends hold

** The medical devices maker forms a partnership with NetCentrix Ventures to establish and develop operations in the Indian healthcare market

** Co says the Indian nerve repair market currently valued at $115 million, has a growth rate of 18.5% and is expected to nearly double by 2030

** Stock down 34.3% YTD, including current session's moves

(Reporting by Manasi Dasa in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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