Zhi Tong Cai Jing·2026-01-14 02:16Core Viewpoint - Alibaba Health (00241) has seen its stock price increase by over 30% this month, with a current price of 6.86 HKD, marking a rise of 4.89% at the time of reporting [1] Group 1: Product Launch - Alibaba Health has exclusively launched a groundbreaking treatment for infant vascular tumors, a modified new drug called Timolol Maleate Gel (brand name: Beimeijing®), developed by Beijing Melson Pharmaceutical Technology Co., Ltd. over 12 years [1] - The drug is set to be approved for market release by the National Medical Products Administration by September 30, 2025, making it the first and only approved topical gel for treating "proliferative superficial infantile hemangiomas" globally [1] Group 2: Market Recognition - The product Beimeijing® has received authoritative recognition from the national drug pricing management system, which issued the first overseas drug price certificate for it on January 13 [1] - This certification establishes a traceable and referable price benchmark for Chinese innovative drugs in the international market, filling a gap in the certification of commodity drug prices for international applications [1]