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LEE'S PHARM: Guangzhou Zhaokang has signed a land use rights recovery contract.
LEE'S PHARM (00950) announced that on December 27, 2024, Guangzhou Zhaokang signed a compensation contract for the recovery of state-owned construction land use rights with the Planning and Natural Resources Bureau of Guangzhou Nansha Economic and Technological Development Zone and the Land Development Center of Guangzhou Nansha Development Zone. According to the land recovery contract, Guangzhou Zhaokang will return the land use rights of the land to the Land Development Center.
Express News | Lee's Pharmaceutical - Total Compensation Payable to Unit by Land Development Centre for Land Resumption RMB89.2 Mln
How is the quality and supply of Pharmaceuticals guaranteed? The National Healthcare Security Administration held a symposium on centralized procurement of Pharmaceuticals.
On December 26, 2024, the National Healthcare Security Administration held a symposium on centralized procurement of Pharmaceuticals, inviting representatives from the National Medical Products Administration, selected Pharmaceutical enterprises, and research Institutions to communicate and exchange views on recent societal concerns regarding quality assurance of centrally procured Pharmaceuticals and innovative development in the Industry, and to listen to opinions and suggestions.
The current cycle of Traditional Chinese Medicine materials is entering a downturn phase, and pharmaceutical companies may face a cost "turning point."
In the second half of 2024, the prices of Traditional Chinese Medicine materials are expected to decline overall; the semi-annual and third quarter reports of this year show that the gross margin of some Chinese Patent Medicine listed companies has significantly decreased, indicating a notable impact of the fluctuation in Traditional Chinese Medicine material prices on costs. However, with the retreat in Traditional Chinese Medicine material prices, production costs for companies will also decrease.
Sinolink: The end of year centralized purchasing expectations are gradually being cleared, and the pharmaceutical sector行情 is expected to gradually start.
The pharmaceutical Sector is currently in a process of a triple reversal in performance, policies, and funding, with full confidence in the recovery of revenue profit growth and market resurgence of listed companies in the Sector by 2025.
Bearish landing? Hong Kong stocks in the pharmaceutical sector collectively strengthen with wuxi apptec rising over 8%.
① How much impact did the biological safety legislation have on domestic pharmaceutical stocks previously? ② How do industry insiders view the subsequent development of the biological legislation?
Lee's Pharmaceutical Holdings Limited (HKG:950) Surges 29% Yet Its Low P/S Is No Reason For Excitement
