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Biome Australia Files Inaugural Patent Application for Probiotic Strain

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Biome Australia (ASX:BIO) filed its inaugural patent application for probiotic strain BMB18, according to a Monday filing with the Australian bourse.

Human clinical trial on the BMB18 strain is expected to be conducted with La Trobe University in the fourth quarter of the year, the filing said.

Shares rose nearly 1% in afternoon trade Monday.

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