Core Viewpoint - The stock of Wangshan Wangshui-B (2630.HK) surged nearly 15% to reach a historical high of HKD 112.7, with a market capitalization exceeding HKD 18.9 billion, following the announcement of significant research on the oral nucleoside drug VV116 for treating Nipah virus infection [1][2]. Group 1: Company Developments - Wangshan Wangshui Biopharmaceutical Co., Ltd. has collaborated with researchers from the Wuhan Institute of Virology and the Shanghai Institute of Materia Medica to publish important findings on VV116, demonstrating its significant antiviral activity against the Nipah virus [1]. - The research indicates that VV116 could serve as a preventive medication for high-risk groups such as healthcare workers and laboratory personnel, providing a ready option for addressing current and future Nipah virus outbreaks [1]. Group 2: Product Information - The oral nucleoside drug VV116 was developed collaboratively by the Shanghai Institute of Materia Medica and Junshi Biosciences, with ownership held by Shanghai Wangshi Biopharmaceutical Technology Co., Ltd. and production entrusted to Shanghai Diseno Biopharmaceutical Co., Ltd. [2]. - Wangshi Biopharmaceutical is a joint subsidiary of Junshi Biosciences' subsidiary Shanghai Juntao Biopharmaceutical Technology Co., Ltd. and Suzhou Wangshan Wangshui Biopharmaceutical Co., Ltd. [2].
港股异动丨旺山旺水拉升涨近15%创上市新高，口服核苷药物VV116被证实对尼帕病毒有显著抗病毒活性