BUZZ-New Zealand's Pacific Edge surges on positive demand for its test

Reuters

2025/02/28

** Shares of Pacific Edge PEB.NZ rise 138% to NZ$0.15, their highest level since November 13, 2024

** Cancer diagnostics company announces that the American Urological Association has included its Cxbladder Triage as the standard of care for microhematuria

** Cxbladder Triage is a urine test designed to rule out cancer in patients with microhematuria (small amounts of blood in the urine that are not visible to the naked eye)

** Company expects a rise in demand for the tests as more clinicians incorporate the tests globally for the evaluation and management of patients

** Two million shares change hands, 2.6 times the 30-day average of 791,598 shares

(Reporting by Manasi Dasa in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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