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Everest Medicines Announces Strategic Commercialization Agreement in China

Story Highlights
  • Everest Medicines Ltd. is focused on developing pharmaceutical products for oncology and autoimmune disorders.
  • The company has entered a three-year commercialization agreement with Hasten to expand its market in China.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Everest Medicines Announces Strategic Commercialization Agreement in China

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The latest update is out from Everest Medicines Ltd. ( (HK:1952) ).

Everest Medicines Ltd. has announced a Commercialization Service Agreement with Hasten, under which its subsidiary will provide commercialization services for certain products in China. This agreement, effective from December 11, 2025, will initially last for three years with automatic renewals. The subsidiary will handle various services including distribution, marketing, and sales forecasting. A deposit of RMB100,000,000 will be paid to Hasten, refundable based on sales targets. This agreement reflects Everest Medicines’ strategic focus on expanding its market presence in China.

The most recent analyst rating on (HK:1952) stock is a Hold with a HK$46.00 price target. To see the full list of analyst forecasts on Everest Medicines Ltd. stock, see the HK:1952 Stock Forecast page.

More about Everest Medicines Ltd.

Everest Medicines Ltd. is a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products in the fields of oncology, autoimmune disorders, and infectious diseases, primarily targeting the Chinese market.

Average Trading Volume: 3,418,931

Technical Sentiment Signal: Sell

Current Market Cap: HK$15.29B

For a thorough assessment of 1952 stock, go to TipRanks’ Stock Analysis page.

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