Business
China's Gan & Lee Pharma jumps most in 5 months on Biomm tie-up
China's Gan & Lee Pharma jumps most in 5 months on Biomm tie-up
About this update from Biomm Sa
** Shares of Gan & Lee Pharmaceuticals SSE:603087 jump 10% to 79.34 yuan, on course for biggest one-day pct rise since April 25** The China-based insulin analog injections producer says it has signed supply framework agreement with Biomm valued at least 3 bln yuan ($421.6 mln)** Benchmark CSI 300 Index SZSE:399300 and Shanghai SE Composite Index SSE:000001 both up 0.6%** YTD, stock up 79.9%, CSI Health Care 100 Index (.CSI000978) up 14.8%($1 = 7.1161 Chinese yuan renminbi)