Virus Detection, Medical Stocks Jump Worldwide on Mpox Concerns

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World Health Organization,Virus Detection,Global Health Emergency

(Bloomberg) -- Shares of vaccine and other medical product makers that can help combat a fast-spreading mpox virus strain advance, after the World Health...

-- Shares of vaccine and other medical product makers that can help combat a fast-spreading mpox virus strain advance, after the World Health Organization declared an outbreak in Africa a global health emergency.Medical tools supplier Precision System Science Co. surged as much as 36% in Japan, while virus detection kit maker Shanghai ZJ Bio-Tech Co. gained more than 5% in China.

A mutated strain of mpox — a virus that causes unsightly, painful rashes and lesions — has spread to at least six African countries, infecting about 15,000 people and killing more than 500 in the Democratic Republic of Congo this year alone. The variant was first reported in the DRC less than 12 months ago.

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