** InhaleRx IRX.AX rises 2.6% to A$0.04, highest since June 27
** Medical devices maker starts manufacturing its lead investigational product, IRX-211, for phase 2 of breakthrough cancer pain clinical trial
** About 537,948 shares traded, 1.6x the 30-day avg
** IRX gains 14.3% YTD
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((JasmeenAraIslam.Shaikh@thomsonreuters.com;))