HK Stock Market Move | ACOTEC-B(06669) rises nearly 5% in the afternoon, the company continues to deepen strategic cooperation with Boston Scientific.

ACOTEC-B (06669) rose nearly 5% in the afternoon and, as of the time of writing, was up 4.36% at HKD 13.17 with a trading volume of HKD 3.04 million. On the news front, Xianruida has signed a comprehensive cooperation agreement and a total service agreement with a subsidiary of Boston Scientific. Following their initial agreement in 2023, the two parties will deepen their strategic cooperation, continue and expand their previous successful partnership, and jointly agree on a series of collaborations in the areas of global commercialization of products, product manufacturing services, and product research and development over the next three years. At the sales level, over the next three years, Boston Scientific will purchase Xianruida products for a total transaction amount not exceeding USD 170 million for global sales.