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The Hong Kong stock market is restructuring the value of pharmaceuticals! Hengrui Medicine has received a premium binding from AstraZeneca, and the stock price once rose over 20%.
① Does the offshore strategy mean that "technology platform premium + international certification" is replacing the traditional PE valuation method as the core logic for valuing Innovative Drugs companies? ② With JACOBIO-B narrowing its annual loss by 56.6% through its core product Galidesivir, can it be inferred that China’s Innovative Drugs companies have broken through the industry curse of "burning money on R&D - ongoing losses"?
Many Still Looking Away From Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (SHSE:600196)
How strong are the Hong Kong pharmaceutical stocks right now? The Innovative Drugs Index has risen over 30% this year, reaching a near 16-month high.
① The Innovative Drugs Index in the Hong Kong stock market has increased by over 30% this year; why can it compete with Technology stocks? ② There has been a "small peak" in the commercialization of individual stocks; how do Institutions perceive the future market direction?
Fosun Pharma Unit's Cancer Drug Gets Orphan Drug Designation From US FDA
FOSUN PHARMA (600196.SH): A controlling subsidiary's Pharmaceutical has been granted orphan drug designation by the USA FDA.
On March 19, Gelonghui reported that FOSUN PHARMA (600196.SH) announced that its holding subsidiary Henlius USA Inc. (which is a holding subsidiary of Shanghai HENLIUS Biotechnology Co., Ltd.) received a letter from the FDA (the USA Food and Drug Administration, hereinafter the same) confirming that HLX22 (recombinant humanized anti-HER2 monoclonal antibody injection) has gained orphan drug designation for the treatment of gastric cancer (GC). HLX22 is part of the group (which refers to the company and its holding subsidiaries/units, hereinafter the same).
Earnings Preview: FOSUN PHARMA to Report Financial Results on March 25