Changes in Hong Kong stocks | Insili Intelligence (03696) rose nearly 8%. The company and Borui announced a strategic alliance with a potential total potential value of more than 2.5 billion US dollars

The Zhitong Finance App learned that Insili Intelligence (03696) rose by nearly 8%. As of press release, it had risen 7.56% to HK$49.82, with a turnover of HK$288 million.

According to the news, Insilicon Smart announced that it has reached a strategic cooperation alliance with Borui Pharmaceutical Co., Ltd. The alliance will be based on a broad, multi-faceted cooperation framework. The details of the cooperation will be further discussed and a final agreement signed by both parties. If fully implemented, the total potential value of the cooperation is expected to exceed 2.5 billion US dollars.

It is reported that the proposed cooperation under this alliance will be agreed upon between Insilis Intelligence and Borui through subsequent negotiations and the signing of a final agreement. The aim is to integrate the technical advantages of Insilis's own Pharma.ai platform in target discovery, generative chemistry, and molecular optimization, as well as Prorui's professional capabilities in global drug development, manufacturing, quality management, and commercialization. By opening up AI-enabled R&D systems and automation-driven development, manufacturing, and quality execution processes, Insilis and Borui aim to jointly develop a new generation of drug innovation models, connecting the design and development of novel molecules with the capabilities needed to deliver drugs to patients who do not meet medical needs.