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Will Junshi Bio's Loss-Making Headaches Ease With Landmark U.S. Drug Approval? - BeiGene (NASDAQ:BGNE), Coherus BioSciences (NASDAQ:CHRS)

Key Takeaways: Junshi Bio will receive milestone payments and 20% of sales of its PD-1 drug Toripalimab in the U.S., following the drug’s recent approval by the FDA The drug maker’s revenue fell 19% year-on-year in the first nine months of 2023, as its net loss narrowed to 1.41 billion yuan By Molly Wen
United States United Kingdom South Africa Hong Kong Junshi Bio Coheru Toripalimab

Drug Maker Junshi Seeks Swiss Cure For Cash Woes - BeiGene (NASDAQ:BGNE), Coherus BioSciences (NASDAQ:CHRS)

Key Takeaways: Junshi Biosciences reported dismal results in the first quarter, with operating income plunging nearly 60% and its net loss expanding by 37% Hopes of a big revenue boost from an oral Covid drug have been dashed, and the company may not recoup its investment in the short term By Molly Wen
Hong Kong United States Junshi Bio Junshi Biosciences Eli Lilly Molly Wen

The future of Chinese tech stocks: Is it time to invest in them again?

The Chinese stock market has seen a difficult two years. Starting with harsh regulatory crackdowns in late 2020, and then followed by strict Covid-19 lockdowns that saw entire cities grind to a standstill, the result was billions of dollars wiped off the books of Chinaโ€™s tech giants and once-promising enterprises. However, things are headed for a change. China is attempting...
Hong Kong Junshi Bio Jack Ma Ant Group Montage Technology Kingsoft Office Software

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