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The Trump administration plans to impose tariffs on imported Pharmaceuticals, and the U.S. Pharmaceutical Industry warns that it may increase drug costs.
A report commissioned by a trade organization in the USA Pharmaceutical Industry indicates that if the USA imposes a 25% tariff on imported Pharmaceuticals, it could increase the annual Pharmaceutical costs in the USA by nearly 51 billion dollars and raise drug prices by up to 12.9%.
Southbound capital continues to flow in, making the Hong Kong stock market's Innovative Drugs Sector a "favorite".
With the recent easing of the external environment and its bullish effects, the Hong Kong stock market's Innovative Drugs sector has rebounded rapidly.
Accelerating recovery? In March, domestic Innovative Drugs investment and financing increased by about 50% year-on-year, and the Hong Kong Stock pharmaceutical Sector collectively surged.
① In March, domestic investment and financing for Innovative Drugs increased by approximately fifty percent year-on-year, how significant is the Bullish impact? ② The Hong Kong stock market's pharmaceutical Sector rose collectively, which stocks are attracting market attention?
Hong Kong stocks movement | GRANDPHARMA (00512) opened over 6% higher as China's first generic form of fluticasone propionate nasal spray has been approved for market.
GRANDPHARMA (00512) opened over 6% higher, as of press time, up 6.28%, reported at 6.26 Hong Kong dollars, with a trading volume of 1.155 million Hong Kong dollars.
Grand Pharmaceutical Gets Registration Certificate for Nasal Spray in China
0.25 billion allergic rhinitis patients receive good news! GRANDPHARMA (00512) fluticasone propionate nasal spray has been approved for market launch.
The company's developed fluticasone propionate nasal spray has obtained the pharmaceutical registration certificate issued by the National Medical Products Administration, making it the first generic product to be marketed domestically, and it has been included in the national medical insurance catalog and the national essential medicines catalog.