BUZZ-Australia's Control Bionics rises on US distribution deal

Reuters

01/29

BUZZ-Australia's <a href="https://laohu8.com/S/CBLN.AU">Control Bionics</a> rises on US distribution deal

** Shares of Australia's Control Bionics CBL.AX rise as much as 8.8% to A$0.062, their biggest intraday jump since January 15

** Medical device co Control Bionics signs a deal with PRC-Saltillo (PRC), under which PRC will distribute co's NeuroNode tech in the US market

** NeuroNode is co's product for individuals with complex communication needs

** Last up 3.5%

** Shares down 3.3% in January

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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