Suzhou Ribo climbs on EU clinical trials application of RBD3133 for obesity
BUZZ-Suzhou Ribo climbs on EU clinical trials application of RBD3133 for obesity ** Shares of Suzhou Ribo Life Science 6938.HK climb 6.3% to HK$56.95, their biggest intraday pct gain since September 29
** Company announces submission of Phase I clinical trial application for its INHBE-targeting siRNA product RBD3133 Injection for overweight and obesity as its therapeutic indication in EU
** The RBD3133 is the company's first candidate drug in the obesity therapeutic area
** Since debut on January 9, Suzhou stock down 3.8% from the offer price of HK$57.97 each
** YTD, Hang Seng Biotech Index .HSBIO up 12.4%
(Reporting by Donny Kwok)
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