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China Grants Fujian Cosunter Pharma Breakthrough Designation for Hepatitis B Drug; Shares Slide 5%
Fujian Cosunter Pharmaceutical (300436.SZ): The innovative drug for hepatitis B treatment, Nairikuwai GST-HG141, has been included in the list of breakthrough therapy products.
On December 15, Gelonghui reported that Fujian Cosunter Pharmaceutical (300436.SZ) announced that its Innovative Drugs holding subsidiary Fujian Guangsheng Zhonglin Biotechnology Co., Ltd. has had its hepatitis B treatment Innovative Drug GST-HG141 (English generic name "Neracorvir", Chinese generic name "奈瑞可韦") included in the list of breakthrough therapies by the National Medical Products Administration Drug Review Center (hereinafter referred to as the "Drug Review Center"), which is an acknowledgment of its significant clinical advantage data and is expected to accelerate the drug development process.
Fujian Cosunter Pharmaceutical (300436.SZ): received a total of 50.3444 million yuan in government subsidies and rewards.
On December 10, Gulonhui reported that Fujian Cosunter Pharmaceutical Co., Ltd. (300436.SZ) announced that on December 10, 2024, it and its Innovative Drugs holding subsidiary, Fujian Guangsheng Zhonglin Biotechnology Co., Ltd. (referred to as "Guangsheng Zhonglin"), collectively received 50.3444 million yuan in government subsidies and rewards, all of which have been received. The aforementioned government subsidy is a special reward fund to accelerate the high-quality development of the Biomedical industry in Fujian Province and support the research and development of Innovative Drugs, as well as recognition of the company's achievements in Innovative Drugs R&D.
Sinolink Securities: The favorable wind of medical policies arrives first, followed by innovation going abroad and performance reversal.
In 2025, Sinolink believes that the core investment opportunities in the pharmaceutical Sector will revolve around three main logics: 1) innovation going abroad; 2) demand recovery; 3) reversal of policy expectations.
We Think Fujian Cosunter Pharmaceutical (SZSE:300436) Has A Fair Chunk Of Debt
fujian cosunter pharmaceutical (300436.SZ): its subsidiary's innovative drug Tai Zhong Ding, a type of drug that fights against the new coronavirus, has been successfully included in the national medical insurance list.
Glonhui reported on November 28 that fujian cosunter pharmaceutical (300436.SZ) announced that on November 28, 2024, the "National Basic Medical Insurance, Work Injury Insurance and Maternity Insurance Drug Catalog (2024)" will be released, coming into effect on January 1, 2025. Fujian fujian cosunter pharmaceutical co., ltd.'s innovative drugs holding subsidiary, fujian guangshengzhonglin biotechnology co., ltd., has passed the national medical insurance negotiation for its oral small molecule 3CL protease inhibitor innovative drug Atatewe tablets (project code: GST-HG171) / Ritonavir tablets combination packaging (product name: Taizhongding) for the first time.
Fujian Cosunter Pharmaceutical Co., Ltd.'s (SZSE:300436) Popularity With Investors Under Threat As Stock Sinks 25%
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