BUZZ-Australia's Memphasys surges on regulatory nod for reproductive technology

Reuters

02/09

BUZZ-Australia's <a href="https://laohu8.com/S/MEM.AU">Memphasys</a> surges on regulatory nod for reproductive technology

** Shares of Memphasys MEM.AX rise as much as 33.3% to A$0.008 in early trade, hitting their highest since February 3

** Stock logs largest intraday pct gain since February 2

** Assisted reproductive tech firm secures regulatory approval from Australia's Therapeutic Goods Association for its Felix tech system

** Felix is a bioseparation system that isolates the most viable sperm cells for human-assisted reproduction

** More than 16 million shares change hands, 2 times the 30-day average volume

** Stock flat YTD, including the day's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))

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