BUZZ-Australia's Osteopore rises on distribution agreement for China, Hong Kong

Reuters

01/16

BUZZ-Australia's <a href="https://laohu8.com/S/OSX.AU">Osteopore</a> rises on distribution agreement for China, Hong Kong

** Shares of Osteopore OSX.AX rise as much as 128.6% to A$0.016, hitting their highest level since July 29

** Stock marks its biggest intraday pct gain since April 9

** Medicine firm signs distribution agreement with Majeton to commercialise its dental, orthodontic products in China, Hong Kong

** Says contract valued at over 12 million yuan ($1.72 million)

** Stock has gained more than 40% so far this week, up over 140% YTD

($1 = 6.9660 Chinese yuan)

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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