Choong-wae shares boosted by new anticancer agent

Shares of Choong-wae Pharm, a leading pharmaceutical firm, were boosted on September 21 by expectations that the company recently won the US patent of new anticancer agent and this may help lift earnings in the years to come.

Choong-wae shares rose to 24,700 won on the Seoul bourse on September 21, after hitting a record high at one point. Shares of Choong-wae Holdings also rose 9.18 percent...