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InnoCare Pharma Grants 210,000 RSUs to Key Employees Under 2023 Scheme

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InnoCare Pharma Grants 210,000 RSUs to Key Employees Under 2023 Scheme

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The latest announcement is out from InnoCare Pharma Ltd. ( (HK:9969) ).

InnoCare Pharma Ltd. announced the grant of 210,000 Restricted Share Units (RSUs) under its 2023 Share Award Scheme to three employees, including a connected person of the company. This grant, representing approximately 0.01% of the company’s total shares, aims to incentivize key personnel through a combination of time-based and performance-based vesting conditions. The performance targets are aligned with the company’s corporate goals, such as operating revenue and clinical trial advancements, as well as individual performance metrics, reflecting InnoCare’s commitment to driving commercialization and research progress.

The most recent analyst rating on (HK:9969) stock is a Buy with a HK$25.20 price target. To see the full list of analyst forecasts on InnoCare Pharma Ltd. stock, see the HK:9969 Stock Forecast page.

More about InnoCare Pharma Ltd.

InnoCare Pharma Ltd. is a biopharmaceutical company focused on the development and commercialization of innovative therapies for the treatment of cancer and autoimmune diseases. The company operates in the pharmaceutical industry, with a market focus on advancing clinical trials and achieving commercialization milestones.

Average Trading Volume: 19,246,939

Technical Sentiment Signal: Buy

Current Market Cap: HK$29.93B

See more data about 9969 stock on TipRanks’ Stock Analysis page.

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