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The "DeepSeek Moment" of medicine, has China’s Innovative Drugs also reached it?
Over the past four years, China's share of Global large-scale pharmaceutical Trade has surged from 5% to 30%. From research and development innovation to international mergers and acquisitions, Chinese Innovative Drugs companies are reshaping the Global pharmaceutical innovation landscape.
Warning: Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. (01349.HK) expects an increase in research and development expenses, projecting a decrease in annual profits by 52%-68%.
Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. (01349.HK) issued a profit warning, forecasting that the net profit attributable to the parent company for the fiscal year 2024 will be between 35 million and 52 million yuan, a decrease of 52.1%-67.8% compared to the previous year. The reason is that the group is actively promoting the progress of R&D projects, with R&D expenses increasing by approximately 70 million yuan.
Fudan Zhangjiang 2024 Annual Results Forecast Announcement
Fudan-Zhangjiang Bio-Pharma Expects Up to 68% Lower Net Profit in 2024
FUDANZHANGJIANG: INSIDE INFORMATION / PROFIT WARNING
Express News | Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. expects its net income to decrease by 52.13% to 67.78% year-on-year in 2024.