
Understanding the Market | ASCLETIS-B rises over 3% and will announce early research results of obesity candidate drug ASC47

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ASCLETIS-B's stock price rose over 3%, currently reported at HKD 6.55, with a trading volume of HKD 7.4352 million. The company will report early research results of its obesity candidate drug ASC47 at the 32nd European Congress on Obesity. ASC47 has been approved by the FDA for clinical trials, and there are rumors that the World Health Organization will include weight loss drugs in its essential medicines list. CITIC Securities expects the weight loss drug sector to welcome a thematic market
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