July 2 (Bloomberg) -- Bonus BioGroup Ltd., an Israeli biotechnology company, rallied to the highest level in almost one year after the company raised funds.
The shares surged 18 percent to 1.18 shekels, the highest since July 17 last year, at 12:04 p.m. in Tel Aviv. The stock has more than doubled since June 27 when Bonus said it raised 4 million shekels ($1 million) from private investors.
To contact the reporter for this story: Robert Lakin at email@example.com
To contact the editor responsible for this story: Claudia Maedler at firstname.lastname@example.org