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医疗行业政策利好频出,复星医药(600196.SH;02196)聚焦创新药械多项成果已全球落地
智通财经网·2025-04-02 02:44

Core Viewpoint - Recent government policies are expected to create a more favorable market environment for innovative pharmaceutical companies, particularly for Fosun Pharma, as the National Healthcare Security Administration and the National Medical Products Administration have announced measures to optimize drug procurement and support high-end medical device innovation [1][2]. Company Performance - Fosun Pharma reported a revenue of 41.067 billion RMB and a net profit of 2.770 billion RMB for 2024, marking a year-on-year increase of 16.08%. Operating cash flow surged by 31.13% to 4.477 billion RMB, with overseas revenue accounting for 27.51% of total revenue [2]. - The company has achieved significant strategic focus, resulting in a unique development path characterized by "technological breakthroughs, global layout, and value realization" [2]. Product Development - In 2024, Fosun Pharma received approvals for 16 indications across 7 innovative drugs and biosimilars, targeting major diseases such as lung cancer and breast cancer. Additionally, 8 projects are in the pre-listing approval stage, and 38 generic drugs have been approved domestically and internationally [2]. - The company has over 80 ongoing research projects for innovative drugs and biosimilars [2]. Innovative Drug Highlights - Fosun Pharma's PD-1 monoclonal antibody, Hanshu (SruLi monoclonal injection), is the first globally approved for first-line treatment of extensive-stage small cell lung cancer (ES-SCLC) and has recently received approval for non-squamous non-small cell lung cancer (nsNSCLC) in China [3]. - The drug has been approved in over 30 countries, benefiting more than 100,000 patients [3]. Oncology and Other Therapeutics - The biosimilar drug Hanquyou (injection of trastuzumab) has been approved in over 50 regions, including China and the EU, and has reached over 240,000 patients [4]. - The company is also advancing treatments for gastric cancer and breast cancer, with several projects in late-stage clinical trials [4]. High-Value Medical Devices - Fosun Pharma is enhancing its capabilities in high-value medical devices, with the Da Vinci surgical robot installed in 58 units across China and Macau in 2024 [5]. - The company has established partnerships to promote innovative products and has received approval for DAXXIFY, the first botulinum toxin product approved in China [5]. Research and Development Investment - Fosun Pharma maintained a high level of R&D investment at 5.554 billion RMB in 2024, with 3.644 billion RMB specifically for R&D expenses [6]. - The company has launched the PharmAID decision-making platform to enhance drug development efficiency through AI applications [6]. Market Outlook - Recent reports indicate that Fosun Pharma's performance aligns with market expectations, with ongoing efforts to optimize its product structure and enhance operational efficiency [6].