Group 1 - The prescription drug retail market in China is undergoing a transformation with both challenges and opportunities, driven by policies such as centralized procurement and outpatient coordination [2][12] - In 2023, the total sales scale of prescription drugs exceeded 12 trillion yuan, with a year-on-year growth of 6.7%. Retail pharmacies accounted for 19.7% of this market, while B2C e-commerce reached a 20.7% growth rate [2][12] - The demand for chronic disease medications is increasing due to an aging population and the rise of chronic disease patients, while the younger demographic is also contributing to market vitality [2][12] Group 2 - The medical and pharmaceutical index recorded negative returns across all six sub-industries this week, indicating a general underperformance [2][13] - The chemical pharmaceuticals and biological products sectors experienced the largest declines, with decreases of 5.16% and 5.70% respectively [13] - The valuation levels for the chemical pharmaceuticals sector were at 61.12 times, while biological products were at 44.04 times, indicating a significant disparity in market performance [13][14] Group 3 - The merger between Jiahe Biotech and Yiteng Pharmaceuticals is the first reverse acquisition case in the Hong Kong 18A innovative pharmaceutical sector, aimed at resource optimization and enhancing market competitiveness [17] - AstraZeneca's application for the antibody drug Ravulizumab has been accepted for review in China, marking its second application in the country, which highlights the ongoing development of innovative treatments [20]
探索市场动态:处方药行业的未来趋势
Huafu Securities·2024-10-18 10:03