Virax Biolabs Stock Surges on Exclusive Distribution Agreement with Fosun Diagnostics
Virax Biolabs (VRAX) shares surged over 100% after announcing an exclusive commercial supply agreement with a subsidiary of Fosun Pharma, granting access to six ASEAN markets for its T-cell immune profiling products. The partnership is expected to drive near-term revenue and scalable expansion.
Topics: biotech distribution_agreement stock_rally