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兴业证券:给予复宏汉霖-B(2696.HK)买入评级 目标价68.5港元

Societe Generale Securities: Give Fuhong Hanlin-B (2696.HK) a purchase rating target price of HK$68.5

格隆汇 ·  Jul 15, 2020 17:04

According to the Societe Generale Securities Research Report, a number of major biosimilar drugs under Fuhong Hanlin-B (2696.HK) have been listed one after another; the company's product reserves are abundant, and combination therapies are poised for development. Currently, a number of innovative monoclonal and dual antibody drugs are in the development stage. The company's revenue for 2020-2022 is forecast to be $917, 21.01 and 3,915 million, respectively, up 908.41%, 129.14% and 86.35% over the previous year. With the continuous advancement of the company's R&D projects and the implementation of product sales, it is believed that the company is expected to experience an increase in valuation. Currently, the company is given a target price of HK$68.50, giving it a “buy” rating.

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