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Shanghai Stock Exchange listed biotech company HitGen Inc. (“HitGen”) announced important research progress in a collaboration with BioAge Labs, Inc. (“BioAge”), a private biotechnology company developing targeted small molecules for the treatment of diseases of aging. The companies have conducted collaborative research to identify and develop novel small-molecule compounds against a high-value and challenging biological target that is a critical component of the innate immune system. Dysregulation of this target is closely linked to the underlying cause of severe diseases in elderly humans, such as Alzheimer’s and cardiovascular disease.
HitGen is a world leader in the development and applications of DNA encoded library (DEL) screening. The availability of over 1 trillion small molecules generated by DEL technology and the efficiency of the screening process have made it possible for HitGen to e
Anti-aging BioAge Labs aims to breathe new life into old blood in 1st clinical trial bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
(Refiles to correct paragraph 1 spelling of company Nitto Denko)
TOKYO, Jan 27 (Reuters) - Japanese stocks closed higher on Wednesday, on hopes of better corporate results after the International Monetary Fund raised its forecast for global growth, while shares of Nitto Denko jumped following a revision in its earnings outlook.
The Nikkei share average ended 0.31% higher at 28,635.21, while the broader Topix gained 0.65% to 1,860.07.
The International Monetary Fund (IMF) raised its forecast for global economic growth in 2021 and said the coronavirus-triggered downturn last year would be nearly a full percentage point less severe than expected.
“Many of the Japanese stocks are sensitive to the global economy. Investors are taking a fresh look at Japanese shares after the IMF’s global economic outlook,” said Hideyuki Ishiguro, senior strategist, Daiwa Securities.
Japan share market finished session higher on Wednesday, 27 January 2021, as investor sentiment was bolstered by the International Monetary Fund upgrade of growth estimates for Japan and the global economy. Meanwhile, continued hopes for upbeat corporate earnings from major domestic firms also improved investor sentiment.
At closing bell, the 225-issue Nikkei Stock Average advanced 89.03 points, or 0.31%, to 28,635.21.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 12.07 points, or 0.65%, to 1,860.07
In its latest World Economic Outlook published Tuesday, the IMF now expects the global economy to grow 5.5% this year. That s a 0.3 percentage point increase from October s forecasts.
De japanske aktier steg onsdag morgen, efter at Den internationale Valutafond, IMF, lavede en prognose om stigende global vækst. Mange japanske aktier er følsomme over for den internationale udvikling. IMF mener, at den globale vækst i år bliver et procentpoint bedre end forventet sidste år. Uddrag fra Fidelity/Reuters: Japan shares end higher as IMF forecast … Japanske aktier steg ved udsigt til større global vækst Læs mere »