tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sihuan Pharmaceutical’s Innovative Drug Xuanyuening Gains NRDL Inclusion

Story Highlights
Sihuan Pharmaceutical’s Innovative Drug Xuanyuening Gains NRDL Inclusion

Claim 70% Off TipRanks Premium

An update from Sihuan Pharmaceutical Holdings Group ( (HK:0460) ) is now available.

Sihuan Pharmaceutical Holdings Group Ltd. announced that its innovative drug, Bireociclib Tablets (brand name: Xuanyuening), developed by its subsidiary Xuanzhu Biopharmaceutical Co., Ltd., has been included in the National Reimbursement Drug List (NRDL) for 2025. This inclusion is expected to enhance the drug’s affordability and accessibility, significantly impacting Xuanzhu Biopharm’s market presence and sales. Bireociclib, a novel CDK2/4/6 inhibitor, offers advantages in treating advanced or metastatic breast cancer with reduced toxicity. The drug’s inclusion in the NRDL is anticipated to bolster Xuanzhu Biopharm’s long-term business development and market expansion efforts.

The most recent analyst rating on (HK:0460) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Sihuan Pharmaceutical Holdings Group stock, see the HK:0460 Stock Forecast page.

More about Sihuan Pharmaceutical Holdings Group

Sihuan Pharmaceutical Holdings Group Ltd., founded in 2001 and listed on the Hong Kong Stock Exchange in 2010, is an international medical aesthetic and pharmaceutical company. It focuses on innovation with a robust research and development platform, a diverse global product pipeline, and a comprehensive production and sales system. The company aims to be a leader in medical aesthetics and biopharmaceuticals in China, driven by its strategic focus on these sectors.

YTD Price Performance: 103.05%

Average Trading Volume: 44,226,805

Technical Sentiment Signal: Buy

Current Market Cap: HK$12.41B

Learn more about 0460 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1