Independent Financial Advisor and Legal Counsel Appointed to Special Committee for LakeShore Biopharma

LakeShore Biopharma has appointed Kroll, LLC as its financial advisor and Gibson, Dunn & Crutcher LLP and Maples and Calder (Hong Kong) LLP as its legal counsel for the independent special committee evaluating a revised proposal. The committee is reviewing the proposal, and the board cautions that no decisions have been made. The company does not undertake any obligation to provide updates on the transaction.