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Healthcare/biotech – FastNews

FAST NEWS: C-Mer Eye swings to loss on Covid hit to mainland China clinics

The latest: C-Mer Eye Care Holdings Ltd. (3309.HK) said on Friday its revenue rose 55% to HK$1.7 billion ($340 million) last year, mainly due to a surge for its Hong…
March 20, 2023
3309.HK

FAST NEWS: MicroPort MedBot Revenue Soars in First Full Year of Product Sales

The latest: Surgical robot maker Shanghai MicroPort MedBot (Group) Co. Ltd. (2522.HK) said on Wednesday its revenue jumped by more than 850% last year, while it recorded a net loss…
March 2, 2023
2252.HK

FAST NEWS: BeiGene Loss Narrows on Brisk Sales for Core Products

The latest: Cancer drug maker BeiGene Ltd. (BGNE.US; 6160.HK; 668235.SH) announced Monday its revenue rose 20.4% last year to $1.42 billion, thanks to big increases from its two core products,…
February 28, 2023
6160.HK

FAST NEWS: Clover Bio Gets Exclusive Rights for Imported Flu Vaccine

The latest: Clover Biopharmaceuticals Ltd. (2197.HK) said on Monday it has reached an exclusive agreement to import Adimmune Corp.’s quadrivalent seasonal influenza vaccine AdimFlu-S (QIS) to China. It added it will…
February 20, 2023

FAST NEWS: CStone Raises $50 Million in New Share Placement

The latest: CStone Pharmaceuticals (2616.HK) on Wednesday announced it placed 84.8 million new shares at a price of HK$4.633 per share, raising approximately HK$393 million ($50.4 million). The sale price…
February 8, 2023

FAST NEWS: Structure Therapeutics Leaps in U.S. Trading Debut

The latest: Innovative drug developer Structure Therapeutics Inc. (GPCR.US) made its IPO trading debut last Friday, becoming the first major U.S. listing by a Chinese company this year.Looking up: The company…
February 6, 2023

FAST NEWS: CStone Revenue Doubles, Helping Company Pare Losses

The latest: CStone Pharmaceuticals (2616.HK) announced on Thursday it expects to report its revenue doubled to 475 million yuan ($70 million) or more last year, while its net loss narrowed…
February 3, 2023
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