Zai Lab hasn’t made sufficient preparation for commercialization.Its pipeline is hard to make money.If Zai Lab fails to achieve commercial profitability in 2023, Investors may abandon license-in model
Boomeranged on Mon, 11 Sep 2023 09:16
In the insight, we analyzed major investment logic flaws of Zai Lab. As we expected, the company's performance is not ideal. The license-in model leads to high cost rate because Zai Lab has to share revenue/profit with partners. Together with high SG&A expense, it's still difficult for Zai Lab to achieve sales profits, let alone turn losses into profits as a whole. The prospects are not optimistic
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.