Zai Lab shares are trading higher after the company last week received Breakthrough Therapy Designation for investigational repotrectinib in China.
Portfolio Pulse from Benzinga Newsdesk
Zai Lab's shares are trading higher following the company's receipt of Breakthrough Therapy Designation for investigational repotrectinib in China last week.
September 05, 2023 | 4:30 pm
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Zai Lab's stock is trading higher due to the Breakthrough Therapy Designation for repotrectinib in China.
The Breakthrough Therapy Designation for repotrectinib in China is a positive development for Zai Lab, indicating potential for market expansion and increased revenues. This has led to increased investor confidence, reflected in the higher trading of Zai Lab's shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100