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Zhaoke Ophthalmology Expands into Indonesia with New Distribution Agreement

Story Highlights
  • Zhaoke Ophthalmology partners with PT Ferron for BRIMOCHOL™ PF in Indonesia.
  • The agreement enhances Zhaoke’s market presence in Southeast Asia for presbyopia treatment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhaoke Ophthalmology Expands into Indonesia with New Distribution Agreement

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Zhaoke Ophthalmology Ltd. ( (HK:6622) ) has issued an update.

Zhaoke Ophthalmology Ltd. has entered into a distribution agreement with PT Ferron Par Pharmaceuticals to commercialize BRIMOCHOL™ PF, an innovative presbyopia treatment, in Indonesia. This strategic move grants PT Ferron exclusive rights to market and sell the drug, potentially strengthening Zhaoke’s presence in the Southeast Asian market and addressing the unmet need for presbyopia treatments in the region.

The most recent analyst rating on (HK:6622) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Zhaoke Ophthalmology Ltd. stock, see the HK:6622 Stock Forecast page.

More about Zhaoke Ophthalmology Ltd.

Zhaoke Ophthalmology Ltd. is a company focused on the ophthalmology industry, specializing in innovative treatments for eye conditions. The company is involved in the development and commercialization of ophthalmic drugs, with a market focus on regions where presbyopia affects a significant portion of the population.

Average Trading Volume: 2,046,997

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.72B

Learn more about 6622 stock on TipRanks’ Stock Analysis page.

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