Movement Alert|GENSCRIPT BIO Rises 3.7% in Regular Trading, AI Pharma Delivery and CARVYKTI Sales Surge Continue to Drive Momentum

Market Focus
Aug 13

On August 13, GENSCRIPT BIO rose 3.7% in regular trading, trading at HKD 25.82/share, with turnover of HKD 408 million, extending its recent strong performance.

On the news front, multiple positive catalysts continue to drive the stock. Associate company Legend Biotech reported CARVYKTI Q2 net trade sales of approximately USD 657 million, representing a 49.4% year-over-year increase, with first-half sales reaching USD 1.254 billion, up 55.1% year-over-year. Meanwhile, global AI-driven drug development is entering a commercialization phase, with US-listed Twist Bioscience reporting better-than-expected interim results and AI-related orders doubling year-over-year. GENSCRIPT BIO's life sciences business group, covering DNA synthesis, protein production, antibody development, and functional validation, recorded revenue of USD 522 million, up 14.8% year-over-year. Additionally, the company's board will convene on August 15 to review interim results and consider dividend arrangements, with market expectations remaining optimistic.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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