
Understanding the Market | TRANSTHERA-B opened over 6% higher after reaching a project cooperation agreement with Neurocrine to further develop NLRP3-related technologies

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TRANSTHERA-B's stock price opened more than 6% higher, and as of the time of writing, it has risen 6.58% to HKD 195.9, with a trading volume of HKD 6.5627 million. The company has signed a patent transfer and research cooperation agreement with Neurocrine Biosciences to develop NLRP3 inhibitors, with a total potential value of USD 881.5 million, covering exclusive development rights and related research cooperation outside of Greater China
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