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We Think That There Are Some Issues For Betta Pharmaceuticals (SZSE:300558) Beyond Its Promising Earnings
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Medicine Chronicles ⑦: With over 70 billion yuan in revenue, how did China create a domestic "blockbuster drug"?
① The development of China's innovative pharmaceuticals sector has indeed been rapid. In addition to antibody drugs, cutting-edge fields such as cell and gene therapy, as well as small nucleic acid drugs, are also accelerating. Based on the number of early-stage research projects and clinical pipelines, China’s innovative pharmaceutical industry is continuously catching up with mature markets in Europe and the United States, with certain sub-sectors already able to rival them; ② The core logic by which the current market evaluates innovative drugs essentially remains expanding growth potential through overseas expansion.
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Betta Pharmaceuticals' (SZSE:300558) Earnings Have Declined Over Three Years, Contributing to Shareholders 62% Loss