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3696 — Insilico Medicine Cayman TopCo News Story

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Insilico Medicine set for biggest jump in 11 weeks on Eli Lilly deal

** Shares of Insilico Medicine 3696.HK jump almost 15% to HK$65.75, their highest level since March 12

** Stock set for its biggest one-day pct rise since January 12

** HK-listed generative-AI drug developer said on Sunday it has agreed to a global licensing and research deal with U.S. drugmaker Eli Lilly LLY.N, that could be worth up to $2.75 billion, including milestone payments

** YTD, stock up 68%, Hang Seng Biotech Index .HSBIO up nearly 3%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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