bullish
Ascentage Pharma (6855.HK) Signs $1.3B Deal with Takeda - Finally on the Right Path
166 Views17 Jun 2024 08:45
Cooperation with Takeda saves Ascentage from survival problem, but self-building sales team remains a challenge. Investors eye anther deal with MNC. Short-term market value target is 50% that of HCM.
What is covered in the Full Insight:
- Ascentage Pharma's partnership with Takeda
- Consequence of the partnership for Ascentage's financial status
- Future prospects of Ascentage's product olverembatinib
- Investors' inquiry about additional pipeline candidates
- Concern over Ascentage's capacity to commercialize on its own
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Full Insight
(Paid Plans Only, 3-minute read)
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Xinyao (Criss) Wang
HK/China Healthcare Analyst (ex-Fosun Pharma)
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