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An update from CStone Pharmaceuticals ( (HK:2616) ) is now available.
CStone Pharmaceuticals announced a significant decrease in revenue for the first half of 2025, with a drop of 80.5% compared to the same period in 2024, primarily due to price adjustments and a lack of new out-licensing deals. Despite increased research and development expenses, the company reported a shift from profit to loss, highlighting challenges in its financial performance and strategic adjustments in anticipation of future market opportunities.
More about CStone Pharmaceuticals
CStone Pharmaceuticals is a biopharmaceutical company incorporated in the Cayman Islands, focusing on the development and commercialization of innovative immuno-oncology therapies and precision medicines. The company is primarily engaged in the pharmaceutical industry, offering products such as avapritinib and pralsetinib, and has a market focus on oncology treatments.
Average Trading Volume: 16,196,451
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.96B
Find detailed analytics on 2616 stock on TipRanks’ Stock Analysis page.