** Shares of Island Pharmaceuticals ILA.AX rise as much as 13.3% to A$0.170, their biggest intraday pct gain since Nov 27
** The drug company says the United States Patent and Trademark Office has granted a key patent for its drug ISLA-101
** Patent covers a method of reducing severity of one or more symptoms of dengue virus by administering ISLA-101 - co
** ILA stock up 89.5% YTD, as of 1204 GMT
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com;))
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