Shares of Pilot Pharmaceutical Biotechnology skyrocketed by an astonishing 239% at market open, reaching a seven-year peak before moderating gains to settle at 77%. The company has unveiled ambitious plans to acquire 100% of the target company, which in turn holds Conflux blockchain assets. This strategic acquisition underscores Pilot Pharmaceutical Biotechnology's commitment to expanding its footprint in the blockchain sector and fostering a diversified business landscape.