TOKYO (Reuters) – Japanese biopharmaceutical firm Anges inc said on Thursday it would join hands with Osaka University to develop a coronavirus vaccine.

Shares of Anges were up more than 12% after the announcement.

There are now over 93,000 cases globally according to a Reuters tally, with 13% or almost 12,700 cases in countries outside China, including in Japan.

(Reporting by Chris Gallagher; Editing by Shri Navaratnam)