BUZZ- NZ-listed shares of Pacific Edge jump on higher U.S. price for Triage Plus

Reuters
09/10
BUZZ- NZ-listed shares of <a href="https://laohu8.com/S/PFGTF">Pacific Edge</a> jump on higher U.S. price for Triage Plus

** New Zealand listed shares of Pacific Edge PEB.NZ rise as much as 17.7% to A$0.166, their highest level since October 8, 2024

** Cancer diagnostics firm says US Centers for Medicare & Medicaid Services $(CMS)$ have recommended a higher final price for co's urothelial cancer diagnostics product - Cxbladder Triage Plus1 -than their proposed price in April

** CMS sets the amount co will receive in reimbursements for all patients with Medicare and Medicare Advantage insurance for the product

** New recommended price is US$1,328.32, up from the US$1,018 proposed in April, co says

** Stock posts its biggest intraday pct gain since April 29

** Around 2.5 mln shares change hands, 4.8x the 30-day average trading volume

** Last up 9.9%, bringing YTD gains to 24%

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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