BUZZ-ASX-listed shares of AVITA Medical gain on distribution agreement for Australia and NZ
Reuters
Nov 13, 2024
** AVITA Medical's Australia-listed shares rise as much as 5.2% to A$3.87, hitting their highest level since April 11
** U.S.-based biotech firm signs exclusive distribution agreement with private co Revolution Surgical to expand into Australia and New Zealand
** Agreement is to distribute AVH's RECELL technology platform for the treatment of burn wounds and full-thickness skin defects
** More than 204,000 shares change hands vs the 30-day avg volume of about 188,000 shares
** Stock down 10.7% YTD, including current session's moves
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com))
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