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688506 Sichuan Biokin Pharmaceutical

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  • 193.87
  • +0.87+0.45%
Market Closed Nov 12 15:00 CST
77.74BMarket Cap20.46P/E (TTM)
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    HBM gets health boost from drug licensing deals
    December 22, 2023
    2142.HK
    1.56
    (-2.5%)
    The biopharma company has marked out a path to profitability by licensing its drug expertise and antibody platforms to partners such as Pfizer
    Key Takeaways:
    Nona Biosciences, a subsidiary of HBM Holdings, has struck a licensing-out deal with a Pfizer-owned biotech  for an initial sum of $53 million and milestone payments of up to $1.05 billion
    HBM Holdin...
    HBM gets health boost from drug licensing deals
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