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AAP
AAP
Derek Rose

Oncology company reports promising cancer find

Cancer Kazia Oncology Breast Cancer Nasdaq
Nasdaq-listed stock of Kazia Therapeutics surged after it announced a successful cancer treatment. (David Crosling/AAP PHOTOS)

Shares in a struggling oncology company have skyrocketed after a late-stage cancer patient taking one of its drugs saw her tumours apparently disappear.

Nasdaq-listed stock of Sydney-based Kazia Therapeutics surged 51.7 per cent to a five-month high of $US8.74 ($A13.43) in after-hours trading on Tuesday after the announcement.

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