HK Stock Market Move | GENSCRIPT BIO (01548) rose nearly 5% in the afternoon. NVIDIA is about to hold a venture capital competition in the wet lab field.

GENSCRIPT BIO (01548) rose nearly 5% in the afternoon, up 4.08% as of press time, at HK$42.36, with a turnover of HK$1.673 billion. On the news front, it was reported that GenScript and NVIDIA have jointly launched a life sciences startup pitch competition to accelerate innovation in biotechnology. It is understood that this is a global competition for startups applying artificial intelligence to therapeutic drug discovery and the life sciences sector. The program integrates GenScript's wet-lab validation and data generation capabilities with NVIDIA's accelerated computing platform and startup ecosystem. Market observers believe that the collaboration between GenScript and NVIDIA could further expand the targets and scope of its wet-lab services and accelerate the development of its AIDD-related business. Previously, GenScript announced a collaboration with Eli Lilly's AIDD collaboration platform Lilly TuneLab. Under the agreement, the company will provide wet-lab services to TuneLab participating companies, helping them rapidly generate experimental data, convert AI predictions into biological validation data, and accelerate candidate drug evaluation. JPMorgan stated that this move is a strategic entry point into an ecosystem of more than 100 biotech clients and to close the loop between dry-lab and wet-lab experiments.