LEE'S PHARM (00950.HK) -0.010 (-0.935%) announced that it will receive financial funding from the Gates Foundation to support the Group's synthetic surfactant project.The short-term goal of the funded project is to successfully complete the research and development of the active pharmaceutical ingredient (API) and formulation, as well as the manufacturing process of the drug. The ultimate objective is to introduce this life-saving drug to low- and middle-income countries at an affordable price, particularly to help premature infants suffering from respiratory distress syndrome. (sl/da)(HK stocks quote is delayed for at least 15 mins.)
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