bullish
SK Biopharmaceuticals (326030 KS): Highest Performance in 2021; Pipeline Progress Entails Visibility
260 Views17 Mar 2022 00:19
SUMMARY
- SK Biopharmaceuticals Co Ltd (326030 KS) surpassed KRW400 billion sales last year, the highest since inception. The company targets more than doubling sales this year, through global expansion of cenobamate.
- The company is expected to launch its third commercial drug, carisbamate (currently in phase 3 trial) in global market in 2025.
- On the back of robust 2021 financial performance, SK Biopharmaceuticals shares have recovered and reached to two-month high, thereby offering an attractive and confirming buying opportunity.
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Tina Banerjee
Global Healthcare Analyst
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