China NT Pharma surges as company says has drug that could treat new virus infections

China NT Pharma Co

30/01/2020 02:07

** China NT Pharma Group Co Ltd's  1101.HK  shares jump as
much as 71% to over 3-month high
    ** Company says its unit possesses drug "Ambroxol", also
known as Mucosolvan, used for respiratory diseases  urn:newsml:reuters.com:*:nL8N29Y4YM
    ** China NT cites a local news report that Chinese
scientists found Ambroxol has the potential to be used as a
treatment for the coronavirus infections
    ** "Upon the confirmation of Ambroxol as an effective
treatment for the New Coronavirus infections, the company's
production department will fully cooperate with the PRC
government in the mass production," it says in a statement
    ** Hang Seng index  .HSI  down 0.5%

 ((Reuters Messaging: clare.jim.thomsonreuters.com@reuters.net))