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Broncus Holding Corp. ( (HK:2216) ) has provided an announcement.
Broncus Holding Corp. announced its interim results for the first half of 2025, revealing a significant decline in revenue and gross profit compared to the previous year. Despite the financial downturn, the company achieved a milestone with the approval and launch of its BroncAblate® system in China, marking a significant advancement in lung cancer treatment. The system, which has been validated by clinical studies, represents a breakthrough in ultra-minimally invasive therapy, offering new treatment options for patients worldwide. The commercialization process, including reimbursement and procurement, is progressing smoothly, indicating a positive outlook for future operations.
The most recent analyst rating on (HK:2216) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Broncus Holding Corp. stock, see the HK:2216 Stock Forecast page.
More about Broncus Holding Corp.
Broncus Holding Corp. operates in the medical industry, focusing on developing innovative interventional therapy products for lung cancer. Their primary product is the BroncAblate® Transbronchial Radiofrequency Ablation System, which offers minimally invasive treatment options for lung cancer patients.
Average Trading Volume: 5,229,491
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.67B
See more data about 2216 stock on TipRanks’ Stock Analysis page.