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ZCMD - Zhongchao soars 46% on contract renewal by Takeda
Zhongchao Inc - Class A
Zhongchao (ZCMD) jumps 46% premarket after expanding its current scope of cooperation with Takeda Pharmaceutical (TAK), which now covers five of latter's subsidiaries in China including the new addition of Baishen Biotechnology (Shanghai) Co., Ltd.Pursuant to the amended service agreement, Zhongchao shall continue to serve as Takeda's vendor and partner in China, providing a broad range of services in medical editing, document collation, and medical training and education to Takeda.