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Mainz Biomed Shares Down 5%, Reversing Uptrend

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Shares of molecular genetics diagnostic company Mainz Biomed B.V. (MYNZ) are down 5 percent on Thursday's trading, thus breaking the stock's upward movement since Wednesday after the company announced that it had acquired exclusive rights to novel mRNA biomarkers.

Mainz Biomed had entered into a Technology Rights Agreement with Socpra Sciences Santé Et Humaines S.E.C. to access a portfolio of novel mRNA biomarkers for potential future integration into ColoAlert, the company's easy-to-use detection test for colorectal cancer.

Currently at $13.85, the stock has traded between $7.80 and $18.68 during the past 52 weeks.

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