Hair-Loss Stocks Lead Biotech Rally...JW Shinyak Hits Limit Up, D&D Pharmatech Gains on LG Partne...
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Hair-Loss Stocks Lead Biotech Rally...JW Shinyak Hits Limit Up, D&D Pharmatech Gains on LG Partne...

[Hong Ju-yeon, Edaily Reporter] South Korea’s pharmaceutical and biotechnology sector advanced broadly on Aug.

17 as stocks related to hair-loss treatments surged following news that the government is reviewing the expansion of National Health Insurance coverage for alopecia treatments.

As the government signaled its intention to frame hair loss as a medical condition requiring treatment rather than a cosmetic issue, JW Shinyak hit the daily upper limit, while Olix and L&C Bio also posted strong gains.

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