BUZZ-China's Gan & Lee Pharma jumps most in 5 months on Biomm tie-up

Reuters2025-09-24
BUZZ-China's Gan & Lee Pharma jumps most in 5 months on Biomm tie-up

** Shares of Gan & Lee Pharmaceuticals 603087.SS jump 10% to 79.34 yuan, on course for biggest one-day pct rise since April 25

** The China-based insulin analog injections producer says it has signed supply framework agreement with Biomm valued at least 3 bln yuan ($421.6 mln)

** Benchmark CSI 300 Index .CSI300 and Shanghai SE Composite Index .SSEC both up 0.6%

** YTD, stock up 79.9%, CSI Health Care 100 Index .CSI000978 up 14.8%

($1 = 7.1161 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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