BUZZ-Australia's Clever Culture gains after getting purchase order from Novo Nordisk

Reuters
14 Jul
BUZZ-Australia's <a href="https://laohu8.com/S/CC5.AU">Clever Culture</a> gains after getting purchase order from <a href="https://laohu8.com/S/NVO">Novo Nordisk</a>

** Shares of Clever Culture Systems CC5.AX rise 23.5% to A$0.021, their highest level since January 9

** Stock logs biggest intraday pct gain since May 30

** Bio-lab technology company receives purchase order from Denmark's Novo Nordisk NOVOb.CO, for its automated plate assessment system (APAS) technology, which allows for the reading of certain microbiology culture plates

** Co did not provide the financial details

** Novo Nordisk will assess the suitability of the technology to its production network in Europe

** Around 3.5 mln shares change hands, 3x the 30-day avg trading volume of about 1.2 mln

** YTD, stock up 5%, including session's moves

(Reporting by Shruti Agarwal in Bengaluru)

((Shruti.Agarwal@thomsonreuters.com))

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