
Understanding the Market | ASCLETIS-B rises over 5% as ASC30 demonstrates superior efficacy and safety data; the company has many catalysts in the second half of the year

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ASCLETIS-B's stock price rose by more than 5%, with an increase of 5.02% as of the time of publication, reported at HKD 10.88, with a trading volume of HKD 92.5898 million. The company reported the clinical research results of ASC30 at the upcoming European Association for the Study of Diabetes annual meeting, showing superior performance in weight loss and safety. Soochow Securities pointed out that the company has several important clinical data set to be disclosed in the second half of the year and is expected to submit multiple new pipeline INDs to the FDA
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