HK Stock Movement | VISEN PHARMA-B (02561) Surges Over 7% Intraday as Core Product Lonapegsomatropin Nears Approval

Stock News12-01

VISEN PHARMA-B (02561) rose more than 7% intraday, and as of press time, it was up 3.64% to HK$31.88. The catalyst behind the rally is recent progress disclosed by Anke Biotechnology regarding its collaboration with VISEN PHARMA. The jointly developed lonapegsomatropin is nearing regulatory approval.

On July 14, Anke Biotechnology announced a strategic cooperation framework agreement with VISEN PHARMA to promote lonapegsomatropin in the Chinese market. VISEN PHARMA's core product, lonapegsomatropin, had its marketing application accepted by China's National Medical Products Administration in March 2024 and is expected to be approved for launch in the second half of 2025.

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