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Huadong Pharmaceutical (000963.SZ)'s net profit in the first quarter increased by 14.18% to 862 million yuan. The overall operations of the core subsidiaries in China and the US continued to maintain a steady growth trend
Gelonghui, April 25 | Huadong Pharmaceutical (000963.SZ) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 10.411 billion yuan, up 2.93% year on year; realized net profit of 862 million yuan, up 14.18% year on year; realized net profit to mother after deducting non-recurring profit and loss of 838 million yuan, an increase of 10.66% year on year; both operating income and net profit achieved positive growth over the fourth quarter of 2023. For example, after deducting equity incentive expenses and profits and losses attributable to shareholders of a listed company during the reporting period, non-recurring profits and losses attributable to shareholders of a listed company can be deducted
Huadong Pharmaceutical (000963.SZ): The HDM1005 injectable drug clinical trial application declared by China and the US East China has been approved by the US FDA
Gelonghui, April 22丨Huadong Pharmaceutical (000963.SZ) announced that recently, Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd. (“China-US Huadong”), a wholly-owned subsidiary of Huadong Pharmaceutical Co., Ltd., received a notice from the US Food and Drug Administration (“US FDA”) that the HDM1005 injectable drug clinical trial application declared by China and US East China has been approved by the US FDA to conduct phase I clinical trials in the US. HDM1005 injection is a new class 1 chemical drug developed by Hangzhou Zhongmei Huadong Pharmaceutical Co., Ltd. and has global intellectual property rights. It is a polypeptide human GLP-1 (pancreatic hypertensive)
Huadong Pharmaceutical (000963.SZ): Hubei Meiqi factory plans to start production of 5 products in 2024
Gelonghui, April 19丨Huadong Pharmaceutical (000963.SZ) held a 2023 annual performance exchange meeting on April 18, 2024 to discuss “the industrial and micro sector, prospects for Meiqi Health to start production in 2024?” The company replied that in 2024, the Hubei Meiqi factory plans to put into operation 5 products, lay out the fields of bone health, brain health, anti-oxidation, etc., and complete system certification and international certification. After the product is put into production, it will be quickly introduced to the market through various marketing methods such as exhibitions, visits, and online channels. At the same time, fully combine shareholders' sales resources to promote strategic cooperation with key domestic and foreign customers to meet customized needs
East China Pharmaceutical (000963.SZ): Autoimmunity involves many diseases. The company is currently paying more attention to rheumatism and skin medication
Gelonghui, April 19丨Huadong Pharmaceutical (000963.SZ) held the 2023 annual performance exchange meeting on April 18, 2024. Regarding “At present, the company has achieved full coverage of small oral molecules, biopharmaceuticals and topical dosage forms in the field of self-immunity. What are the highlights of the company's indication layout in the field of self-immunity for the next 2-3 years?” The company replied that autoimmunity involves many diseases. Currently, the company is paying more attention to rheumatism and skin medications, including ARCALYST, QX001S, PRV-3279, ZORYVE cream and foam, and Wynzora? Cream etc. are included, so
Huadong Pharmaceutical (000963.SZ): Currently, initial efficacy signals of liver fat imaging have been observed in the Ib/IIA clinical trial in New Zealand
Gelonghui, April 19丨Huadong Pharmaceutical (000963.SZ) held a 2023 annual performance exchange meeting on April 18, 2024 to discuss “the future of the company's three-target GLP-1 products in NASH and weight loss?” The company replied that DR10624 is a three-target agonist targeting FGF21R/GCGR/GLP-1R, and the company will prioritize clinical research on metabolic diseases such as hypertriglyceridemia and NASH in the future. Currently, initial signs of efficacy in liver fat imaging have been observed in the Ib/IIa clinical trial in New Zealand, which is expected to bring new results to patients with metabolic diseases in the future
2024 Financial Report | After breaking through 40 billion dollars in revenue, how can Huadong Pharmaceutical face the challenge of “deceleration”
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