The amount involved exceeds 0.5 billion yuan and the equity transfer dispute of China Meheco Group is still ongoing | Quick read of the announcement.

① China Meheco Group has appealed to the court regarding the acquisition of the remaining 30% equity in Jinlun Pharmaceutical (now named Hebei Tongyong) held by Wang Yibing; ② The amount involved in this lawsuit reaches 0.51 billion yuan.

cls.cnFeb 28 10:46 ET

CanSino Biologics Inc.'s losses narrowed by more than 70% in 2024, driven by the launch of the innovative four-component vaccine, boosting revenue.

① Revenue has significantly increased compared to the same period last year, mainly because its vaccine product, Manhai Xin, is the only quadrivalent meningococcal conjugate vaccine in the China market, which has continuously improved its product penetration over the past year, achieving rapid sales growth. ② CANSINOBIO's Chief Commercial Officer Wang Jing has stated that based on the current vaccine pipeline under development, CANSINOBIO has successfully built a comprehensive commercialization operation system.

cls.cnFeb 27 19:29 ET

AI helps reduce costs and improve efficiency in drug development. The "AI+Medical" Industry has explosive growth opportunities.

China Post Securities pointed out that the Global market size for AI+Medical industry AI solutions is expected to increase from 13.7 billion dollars in 2022 to 155.3 billion dollars in 2030, with a CAGR of 35.5%, indicating explosive growth opportunities in the industry.

cls.cnFeb 27 19:05 ET

The wave of AI in Medical is sweeping: the potential of the macromolecule new drug market is highlighted and imaging products are "going overseas" into Emerging Markets | Focus

① Some executives from pharmaceutical companies have stated that "currently, the discovery of small molecule drugs is very challenging; finding potential molecules and structures is already quite difficult, while there is still significant potential in the discovery and design of large molecule new drugs." ② Currently, the application maturity of AI technology in the imaging field is relatively high, and relevant manufacturers have revealed that the market potential for AI imaging large models in Belt and Road Initiative Concept countries is quite extensive.

cls.cnFeb 26 20:37 ET

JiangSu WuZhong Pharmaceutical Development is suspected of violations related to information disclosure and has been filed for investigation after years of losses, just turning a profit.|Brief Announcement

① JiangSu WuZhong Pharmaceutical Development has been put under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws; ② The company has reported a net income loss for six consecutive years, yet aims to turn a profit in 2024 by focusing on a single product in the medical aesthetics sector; ③ Previously, the company faced several instances of being penalized for various legal violations, but none have occurred in the last three years.

cls.cnFeb 26 09:00 ET

After on-site inspections of the sixth company this month, TAILIN and the Director received a warning letter | Quick read of the announcement.

① During the on-site inspection, issues such as insufficient production capacity for some public fundraising projects were discovered, resulting in TAILIN and related responsible persons receiving a warning letter from the Zhejiang Securities Regulatory Bureau; ② At the end of 2024, TAILIN had previously postponed the public fundraising project "Cell Therapy Industrial Equipment Manufacturing Base Project" by six months; ③ This is the sixth listed company warned after being inspected by the local Securities Regulatory Bureau this month.

cls.cnFeb 25 10:36 ET