[Featured Stock] JW Jungwoo Pharmaceutical Surges on News of Soaring Sales of Novel Coronavirus Disinfectant

[Asia Economy Reporter Eunmo Koo] JW Pharmaceutical is soaring nearly 6%. The surge in sales of JW Pharmaceutical's disinfectant 'Relyon Virkon Micro,' known to be effective against the novel coronavirus, appears to be influencing this rise.

As of 1:55 PM on the 31st, JW Pharmaceutical was trading at 30,050 KRW, up 4.89% (1,400 KRW) from the previous trading day.

According to JW Pharmaceutical, sales of Relyon Virkon Micro in January this year increased by more than 300% compared to the average monthly sales last year.

This disinfectant is a tissue-type product that broadly sterilizes and disinfects 25 types of legally designated infectious disease viruses and pathogens, including coronaviruses such as Severe Acute Respiratory Syndrome (SARS) and Middle East Respiratory Syndrome (MERS).

In July last year, it was approved by the National Institute of Environmental Research as a safe household chemical product effective against a total of 25 strains, including coronavirus, super bacteria, novel influenza, and norovirus. The company explains that it is effective against both animal and human coronaviruses.

Unlike other disinfectants, it works by physically destroying the bacterial cell wall, preventing resistance. It is registered in 25 countries including Korea, the United States, Japan, Germany, and France.

A JW Pharmaceutical official stated, "This product is expected to have sterilization and quarantine effects against the novel coronavirus, which is presumed to have been transmitted from wild animals such as bats and snakes to humans."

Meanwhile, the Good Breath Mask (KF94) sold by JW Pharmaceutical is also reported to be out of stock. Following the outbreak of the novel coronavirus situation, all inventory was sold out within two days, and the company announced plans to secure and supply more than 100,000 units weekly from the manufacturer.

This content was produced with the assistance of AI translation services.