[Special Stock] Alteogen Continues Four-Day Rise... Touches 370,000 Won

Alteogen continued its upward trend for the fourth consecutive day, surpassing 370,000 KRW during trading hours and setting a new record high.

As of 1:45 PM on the 8th, Alteogen is trading at 367,500 KRW, up 8,000 KRW (2.23%) from the previous day. During the session, it rose to 371,000 KRW, marking a 52-week high.

With biotech stocks showing strength again recently, Alteogen appears to be maintaining its upward momentum. Due to the recent rise, Alteogen reclaimed the top spot in KOSDAQ market capitalization, which it had lost to EcoPro BM at the end of last month.

Recent domestic patent filings are also interpreted as having a positive impact on the stock price. On the 2nd, Alteogen announced that it had filed a domestic priority patent application for the subcutaneous (SC) formulation of antibody-drug conjugates (ADC).