Dow Jones Newswires: Celltrion shares rally in South Korea after EU OKs marketing of its COVID-19 treatment

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Celltrion Inc.’s shares rallied Monday after the European Commission granted the South Korean biotech firm approval to market its COVID-19 antibody treatment.

The European approval of Regdanvimab, marketed by Celltrion as Regkirona in South Korea, drop up the company’s stock price KR:068270 as much as 18% to 251,000 Korean won ($212.72) after the news was disclosed early Monday.

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