Business · Markets · 7 hrs ago

HanAll Biopharma shares jump after partner reports rheumatoid arthritis trial efficacy

HanAll Biopharma shares jump after partner reports rheumatoid arthritis trial efficacy

HanAll Biopharma shares surged early on Nov.

10 on South Korea’s stock market.

The rise followed news that its global partner found efficacy in a clinical trial for difficult-to-treat rheumatoid arthritis.

HanAll is linked to the treatment through a technology-transfer partnership with the partner.

At 9:15 a.m., the shares were up 21.97%, trading at 45,250 won.

The news matters because the trial result points to potential activity against hard-to-treat rheumatoid arthritis.

The available information does not say what the next trial steps will be.

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