BUZZ-Australia's LTR Pharma jumps on JV for online health platform

Reuters

2024-11-12

BUZZ-Australia's LTR Pharma jumps on JV for online health platform

** Shares of LTR Pharma LTP.AX rise as much as 6.2% to A$1.63, hitting their highest since Oct. 22

** Stock logs its fifth consecutive session of gains

** Biotech co signs joint venture agreement with local men's health group Restorative Sexual Health Clinic

** JV to launch an online healthcare platform for medical consultations, therapeutic services and prescription treatments

** Online platform expected to launch in the first quarter of 2025

** LTP up 355.1% YTD, including current session's moves

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com))

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