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AI empowers the FDA! Drug approvals hit the 'fast-forward' button, and a large number of pharmaceutical companies may welcome a 'Gold' period.
The USA Food and Drug Administration (FDA) announced an accelerated plan on Thursday to fully implement AI applications across all subsidiary institutions by June 30, aiming to significantly expedite the approval process for new pharmaceuticals.
Lobbyist groups warn that Trump's drug pricing proposal could lead to a loss of 1 trillion dollars for the pharmaceutical industry.
Lobbying groups warn that USA President Donald Trump's new pharmaceutical pricing proposal could result in losses of up to 1 trillion dollars for pharmaceutical companies over the next decade.
Trump wants to impose tariffs on Pharmaceuticals: Pharmaceutical companies are busy stockpiling, and the import volume in the USA surged in March.
① The volume of Pharmaceutical imports in the USA surged in March, as pharmaceutical companies stockpiled products in anticipation of potential tariffs; ② A report released by the US Department of Commerce on Tuesday showed that the total value of Pharmaceutical imports in March exceeded 50 billion USD, equivalent to 20% of the total Pharmaceutical imports for the entire year of 2024.
The Pacific Securities: The Sector's profits improved significantly in Q1, and the pharmaceutical industry is expected to see a rapid increase in concentration.
The trend of increasing concentration in the pharmaceutical industry and the strong becoming stronger is expected to continue to strengthen.
LUYE PHARMA: Annual Report 2024
LUYE PHARMA (02186.HK) was increased its Shareholding by Shorea LBG and related parties with 2 million ordinary shares, worth approximately 3.98 million Hong Kong dollars.
On April 29, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 29, Shorea LBG increased its shareholding in LUYE PHARMA (02186.HK) by 2 million ordinary shares at an average price of HKD 1.99 per share on April 28, worth approximately HKD 3.98 million. After the increase, Shorea LBG's latest total shareholding is 1.246 billion shares, with the shareholding ratio rising from 33.07% to 33.13%. This Trade involves other related parties: Ginkgo (PTC) Limited. Image source: Stock disclosure from the Stock Exchange (partial table of the event)