Summary by Moomoo AI
AIMMUNE Vaccine Co., Ltd. released the mid-year performance as of June 30, 2024, showing a slight decrease in revenue of 0.6% and a 10.3% decrease in gross profit. The loss for the period decreased by 43.6% from RMB 257.4 million in the same period of the previous year to RMB 145.3 million. The decrease was mainly due to reduced R&D expenses related to overseas clinical trials. Sales and distribution expenses increased by 3.3%, while administrative expenses increased by 7.4%. The company continues to advance the research and development of new products, including mRNA technology platform-related vaccines, pneumonia vaccines under development, and other vaccines under development. The company is also actively expanding into international markets, with registrations underway in multiple countries, and successful vaccine exports to countries...Show More