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Samik Pharm jumps 16% on monthly thymosin alpha 1 patent

The Korean drugmaker's shares rose after securing a patent for a once-a-month formulation.

TR
By Tom Reyes · Markets Editor
Sep 14 02:55 ETSource: Seoul Economic Daily

The wire

  1. 01Samik Pharm shares gained 16% following a patent for once-monthly thymosin alpha 1.
  2. 02Long-acting peptide formulations can extend product life and dosing convenience.
  3. 03Development stage and commercialization plans were not disclosed.

From the source

Samik Pharm Surges 16% on Once-a-Month Thymosin Alpha 1 Patent

Read at news.google.com