三诺生物：10月23日召开董事会会议

Group 1 - The core point of the article is that Sanor Bio (SZ 300298) held its 20th meeting of the 5th board of directors on October 23, 2025, to review the proposal for the Q3 2025 report [1] - For the first half of 2025, Sanor Bio's revenue composition shows that medical devices accounted for 99.66% of total revenue, while other sources contributed 0.34% [1] - As of the report date, Sanor Bio has a market capitalization of 10.8 billion yuan [1] Group 2 - The article mentions that Chinese innovative drugs have generated $80 billion in overseas licensing deals this year, indicating a vibrant secondary market in biomedicine [1] - There is a discussion on why the primary market is facing challenges in fundraising despite the hot secondary market, as highlighted by an interview with Lu Gang, a partner at Chuangdong Investment [1]