Core Viewpoint - Recent developments for Fuyuan Pharmaceutical (601089) include participation in national centralized procurement and the approval of a new drug, which are expected to stabilize market share and enhance product offerings [1] Group 1: Key Events - On February 11, the company announced that several of its drugs, including Ezetimibe tablets, are set to be included in the national centralized procurement agreement, with implementation expected by the end of March [1] - On February 10, the company's wholly-owned subsidiary received a drug registration certificate for Ambroxol Hydrochloride Oral Solution, indicating successful consistency evaluation and expanding the product line [1] Group 2: Stock Performance - The stock has shown a downward trend, closing at 25.42 yuan on February 13, down 2.79% for the day and a total decline of 4.44% over the past five days [1] - Trading volume increased to 89.02 million yuan with a turnover rate of 0.72%, while there was a net outflow of 7.75 million yuan in main funds on February 13 [1] - The pharmaceutical and biotechnology sector experienced a decline of 1.06%, with the company's performance lagging behind the industry [1] Group 3: Institutional Insights - Institutional interest remains high, with Tongyuan Investment conducting research on February 9 to understand the progress of innovative drug development, particularly the Phase I clinical results of FY101 injection meeting expectations [1] - The current average target price set by institutions is 31.00 yuan, indicating potential upside from the current price [1] - Revenue growth is projected at 10.94% for 2026, although short-term performance is under pressure, with a forecasted net profit decline of 4.84% for 2025 [1]
福元医药集采拟中选与新药获批,股价调整机构关注