HK Stock Market Move | GENSCRIPT BIO (01548) fell more than 7%, and the overnight stock price of associated Legend Biotech dropped by over 11%.

GENSCRIPT BIO (01548) fell more than 7%, as of the time of writing, it was down 6.98% at 13.07 Hong Kong dollars, with a turnover of 1.3 billion Hong Kong dollars. On the news front, the overnight stock price of GENSCRIPT BIO's affiliate Legend Biotech fell by over 11%. On the evening of January 21, GENSCRIPT BIO announced that Legend Biotech disclosed that CARVYKTI had a net trade sales revenue of approximately 555 million US dollars for the fourth quarter ending December 31 of last year. The group stated that the net trade sales revenue was based on data provided by Johnson & Johnson to Legend, and both Legend and the group did not independently verify the accuracy of these sales figures. It is understood that CARVYKTI achieved sales of 1.332 billion US dollars in the first three quarters, with sales of 524 million US dollars in the third quarter.