
Understanding the Market | JIUYUAN GENE surged nearly 24% in the late trading session and is expected to release its performance report next Monday, with plans to submit a new drug application for semaglutide to Brazil and other countries within the year

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JIUYUAN GENE rose nearly 24% in the late trading session, closing at HKD 15.28, with a transaction volume of HKD 41.215 million. The company will hold a board meeting on August 18 to approve its interim results and plans to submit a new drug application for Semaglutide in Brazil and Saudi Arabia within 2025. JIUYUAN GENE's market layout for weight loss indications will expand accessibility through collaborations with in-hospital markets and e-commerce platforms, and it has signed exclusive licensing agreements for overseas markets with other pharmaceutical companies
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