Consumer

Guirenniao will focus its resources on grain business

Guirenniao trades in fading sports brand for grains

The well-known sports name called it quits after years of losses, ending a once-remarkable run fueled by demand from China’s growing middle class  Key Takeaways: Guirenniao will wind down its…
603555.SHG
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Healthcare/biotech

MicroPort MedBot’s orthopedic robot is the first domestically developed device to be approved for both hip and knee surgeries.

MedBot seeks commercial edge with dual-use surgical robot

The company’s orthopedic robot is the first domestically developed device to be approved for both hip and knee surgeries  Key Takeaways: Even with its latest product, MicroPort MedBot faces intensifying…
2252.HK
This innovative drug company has so far brought only two products to market, and its high sales expenses make investors worry about fallout from an anti-corruption drive.

RemeGen hopes for pain relief from expanded drug uses

The innovative drug company has so far brought only two products to market, and its high sales expenses make investors worry about fallout from an anti-corruption drive Key Takeaways: RemeGen’s…
9995.HK 688331.SHG
Estrella nears completion of SPAC listing

Estrella Immunopharma nears completion of SPAC listing

The developer of T-cell cancer therapies is based in California, but says it ‘may be subject to risks’ due to its numerous China connections Key Takeaways: Estrella Immunopharma is nearing…
UPTD.US
The drugs maker eked out a 0.16% rise in first-half revenue, but underlying net profit slipped 26% as waning sales of Covid treatments and foreign exchange losses squeezed earnings.

Debt pressures cast cloud over Fosun Pharma results

The drugmaker eked out a 0.16% rise in first-half revenue, but underlying net profit slipped 26% as waning sales of Covid treatments and foreign exchange losses squeezed earnings Key Takeaways:…
2196.HK 600196.SHG