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Shares of Choong-wae rallied

Published: 2009-03-02 06:59:00
Updated: 2009-03-02 06:59:00
Shares of Choong-wae Pharm reached a record high during trading on February 26, driven by bright prospects of new drug development and pharmaceutical bulk export.

Choong-wae ended up 14.6%, to 1,550 won, at 12,000 won.

The company plans to conduct phase 3 study of avanafil, its investigational new drug for the treatment of erectile dysfunction (ED) under the recent approval of the Korea...

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