BUZZ-Australia's AdAlta soars to over a month high on cancer treatment partnership

Reuters
Jan 02
BUZZ-Australia's AdAlta soars to over a month high on cancer treatment partnership

** Shares of AdAlta 1AD.AX rise as much as 33.4% to A$0.004, its biggest intraday pct gain in over a month

** Stock touches its highest level since November 24

** Biotech firm says co and unit, AdCella have signed partnership agreement with Shanghai Cell Therapy Group to co-develop Chinese cell tech co's cancer treatment, BZDS1901, to markets outside China

** BZDS1901 targets specific proteins, treating aggressive and fatal cancers such as mesothelioma

** Stock fell 77.7% in 2025

(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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