Novel antiviral for COVID-19 performs well in Phase III study
China’s Kintor Pharmaceutical (HKEX: 9939) has announced the top-line results of a Phase III trial of its COVID-19 antiviral proxalutamide.
The news sent the firm’s shares rocketing more than 106% to HK$28.85 by close of trading.
The Suzhou-based firm is testing the ACE2 and TMPRSS2 inhibitor as an option for outpatients with mild to moderate COVID-19, regardless of vaccination status and risk factors.
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