[Featured Stock] Paksel Bio Surges for Second Day on Anticancer Drug Approval Hopes
[Asia Economy Reporter Park Ji-hwan] The stock price of Baxel Bio is soaring day by day.
According to the Korea Exchange on the 25th, as of 9:16 a.m., Baxel Bio is trading at 138,100 KRW, up 15.18% from the previous trading day. Baxel Bio also closed at the upper limit the day before. This marks a continuous surge for the past three trading days including today.
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It is interpreted that investor sentiment was stimulated as the government approval deadline for Baxlukin, an anticancer immunotherapy drug exclusively for companion dogs developed by Baxel Bio, is approaching. Baxel Bio is a company that researches and develops anticancer immunotherapy drugs.
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