India, June 29 -- Today's top gainers include Universe Pharma, which expanded its pharmaceutical patent portfolio; Decoy Therapeutics, following the announcement of a PIPE financing; QuidelOrtho, on reports that it is exploring the sale of one of its business units; and SELLAS, which is approaching a key data readout, among others.
Read on.
Universe Pharma Soars on Strategic Acquisition
Universe Pharmaceuticals INC (UPC), a pharmaceutical producer and distributor in China, led the pack of gainers on Monday, with shares soaring more than 300%, on news of its strategic acquisition to expand its pharmaceutical patent portfolio.
The company has entered into a share purchase agreement to acquire 100% of the issued shares of Best Praise Inter...