Express News | Merck China: Chinese National Medical Products Administration Has Approved Hpv Vaccine for Men
CICC: Maintains WUXI BIO 'Outperform Industry' rating, Target Price reduced to HKD 19.09.
CICC released a research report stating that it raised the Target Price for WUXI BIO (02269) by 15% to HKD 19.09, maintaining an "outperform the Industry" rating. The profit forecasts for 2024 and 2025 remain unchanged, and profit forecasts for 2026 have been introduced for the first time, amounting to 4.693 billion RMB. WUXI BIO announced that its Irish vaccine factory has reached an agreement with Merck (MSD International GmbH), whereby Merck will acquire WUXI BIO's vaccine factory in Ireland, with a total transaction value of approximately USD 0.5 billion. The company expects this transaction to complete in the first half of 2026, satisfying customary closing conditions.
Express News | Merck's Gardasil has become the first and currently the only HPV vaccine approved for use in males in China.
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Merck Buys WuXi Vaccines' Irish Manufacturing Facility For Over $500 Million
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Express News | CITIC Securities: Upgraded WUXI BIO's Target Price to HKD 19.09, maintaining an "Outperform Industry" rating.
Express News | Citi: The sale of the Irish vaccine facility by WUXI BIO will have no negative impact on finances and will improve overall profitability.
Express News | WUXI BIO responded to the sale of the Ireland vaccine factory for 0.5 billion USD.
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WuXi Biologics to Sell Irish Vaccine Facility to Merck for $500 Million