FAST NEWS: Ascletis Pharma Soars after Expanding Production of Covid-19 Tablets

The latest: Ascletis Pharma Inc. (1672.HK) announced the expansion of its annual production capacity of ritonavir oral tablets, a component of oral direct-acting Covid-19 drug paxlovid, to 100 million tablets, which can be further expanded in the future according to market demand. Looking up: The Company’s ritonavir oral tablet was approved for marketing by the China National Medical Products Administration in September 2021. The announced increase in production will help the Company increase its future revenue stream. Take Note: In addition to ritonavir, the company’s Covid-19 drug pipeline includes ASC10,…

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Successful Test Puts TuSimple in Fully Autonomous Driver’s Seat

Company completes what it calls the first fully automated heavy truck driving test on real roads using self-developed system Key takeaways: TuSimple says it has completed the world’s first fully automated test of a self-driving heavy truck JPMorgan sees the company’s success as a major milestone, but has given it a “hold” rating By Fai Pui Three days before the New Year, TuSimple Holdings Inc. (TSP.US) uploaded a 1-hour, 23-minute video of a heavy truck departing from a railroad near the U.S. city of Tucson, Arizona at night. The footage…

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