
Understanding the Market | EVEREST MED-B rose over 3% and announced the launch of the production construction project for Iqymod at its factory in Jiashan

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EVEREST MED-B's stock price rose by more than 3%, with an increase of 2.86% as of the time of writing, reported at HKD 59.4, with a transaction volume of HKD 129 million. The company announced the launch of the production construction project for Iqmodem at the Jiaxing factory, with a total investment of 70 million yuan, and an expected annual production capacity of 50 million pieces, supplying regions including mainland China, Hong Kong, Macau, Taiwan, South Korea, and Singapore. This medication is used for the treatment of moderate to severe active ulcerative colitis, characterized by good safety and rapid onset of action
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