BUZZ-Australia's Neurizon Therapeutics jumps on licensing agreement with Elanco

Reuters

07/02

BUZZ-Australia's Neurizon <a href="https://laohu8.com/S/LENZ">Therapeutics</a> jumps on licensing agreement with Elanco

** Shares of Neurizon Therapeutics NUZ.AX rise as much as 3.2% to A$0.160, their biggest intraday pct gain since June 26

** The biotechnology co enters into a global licensing agreement with Elanco Animal Health ELAN.N

** Agreement is for exclusive rights to Elanco's data package and related intellectual property for Monepantel, the active pharmaceutical ingredient in co's NUZ-001, a formulation used in neurodegeneration applications

** YTD, shares of co down 5.9%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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