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3692 — Hansoh Pharmaceutical News Story

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Hansoh rises on positive clinical trial results for plaque psoriasis drug

BUZZ-Hansoh rises on positive clinical trial results for plaque psoriasis drug

** Shares of Hansoh Pharmaceutical Group 3692.HK rise 4.3% to HK$35.76, their highest level since September 9

** Stock on course for biggest one-day pct gain since September 14

** Pharmaceutical producer says phase III clinical trial of HS-10374 in treatment of moderate-to-severe plaque psoriasis has met co-primary endpoints and multiple secondary endpoints and has demonstrated a favourable safety and tolerability profile

** The group will initiate communications with relevant regulatory authority to advance preparations for new drug application in China in near term - Hansoh

** YTD, stock down 1.6%, while Hang Seng Biotech Index .HSBIO up 16%


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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