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2659 Shanghai Bao Pharmaceuticals Co News Story

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Shanghai Bao Pharmaceuticals jumps after China clinical trial nod for gastroscopy product

** Shares of Shanghai Bao Pharmaceuticals 2659.HK jump 6.4% to HK$126.6

** Pharma products developer said National Medical Products Administration has approved its "KJ101" to conduct clinical trials in China for dissolution and removal of gastric mucus during gastroscopy

** KJ101 is a recombinant human chymotrypsin developed through synthetic biology in China by the company to fully replace animal-derived products - Co

** YTD, stock up 54%, while Hang Seng Biotech Index .HSBIO down 0.7%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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