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Movement Alert|Hansoh Pharmaceutical Rises 3.07% in Regular Trading, Innovative Drug Pipeline Catalysts Continue Amid Sector Rebound

Market Focus07-08 09:50

On July 8, Hansoh Pharmaceutical rose 3.07% in regular trading, trading at HKD 33.56/share, with turnover of HKD 97.03 million.

On the news front, the pharmaceutical sector rallied broadly, with CSPC Pharma up 1.65%, Hengrui Pharma up 3.02%, and Haixi Pharma up 2.90%, creating significant sector linkage. On July 2, the company announced that its self-developed Class 1 innovative drug HS-20136-2 injection received two clinical trial approval notices from NMPA for type 2 diabetes and weight management indications, extending pipeline catalysts.

Additionally, the companys weight-management drug olatorepatide injection NDA and HS-10568 injection NDA for secondary hyperparathyroidism in chronic kidney disease patients were both accepted by NMPA in early June, accelerating the commercialization of its innovative drug portfolio and sustaining positive market sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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