港股上市的创新型生物技术公司百奥赛图，这个月里迎来第二个重要授权。 上半年营收增五成 业务覆盖欧美亚太 对外授权已经成为百奥赛图收入的重要来源之一。2025年上半年，公司新签约的对外授权就达80项，比 去年同期增长60%。公司总的授权项目已经达到280项，成为我国创新分子对外授权的"第一梯队"，全 球前十大药企中有七家是百奥赛图的抗体分子授权合作伙伴，包括吉利德、德国默克等。 百奥赛图从海外药企合作交易中获得的收入占比近70%。公司的业务覆盖了欧美及亚太多个市场，在美 国多地及德国海德堡均设有研发与运营中心。 凭借在海外市场的拓展能力，今年上半年百奥赛图实现营业收入6.21亿元，同比增长超过51%；毛利率 继续保持在74.4%左右的高水平；净利润为4800万元。年初以来，百奥赛图的股价从最低7.8港元/股起 步，最高达到28.58港元/股，涨幅超过320%。 "抗体业务"是百奥赛图重要收入来源。百奥赛图自主研发的RenMice 全人抗体平台可以开发单抗、双 抗、纳米抗体、ADC等当下全球创新药物研发的热门品种。百奥赛图已经打造成全球创新药企业的"抗 体货架"：其他企业可以直接从"货架"上选择自己想要的抗体进行 ...

Core Viewpoint - The stock of Baiaosaitu-B (02315) surged over 10% following the announcement of a global licensing agreement for antibody molecules with BeiGene, indicating strong market confidence in the company's growth prospects and collaboration with established partners [1] Company Developments - Baiaosaitu has entered into a global licensing agreement with BeiGene, which includes an upfront payment and potential milestone payments based on development and commercialization, as well as royalties based on net sales [1] - The collaboration builds on an existing relationship where BeiGene had previously obtained a license for Baiaosaitu's RenMice fully human antibody platform, reflecting a deepening partnership [1] Financial Performance - Dongwu Securities reported that Baiaosaitu's operational performance in the first half of the year exceeded expectations, with significant growth in business development (BD) activities [1] - The company is expected to achieve over 40% growth in its antibody BD business and maintain over 40% growth in animal models, with preclinical CRO growth nearing 60%, leading to an overall revenue growth exceeding 40% [1]

Core Viewpoint - 百奥赛图-B (02315) has seen a significant increase in stock price following the announcement of a global licensing agreement with BeiGene for antibody molecules, indicating strong market confidence in the company's growth prospects [1] Group 1: Licensing Agreement - 百奥赛图 has entered into a global licensing agreement with BeiGene for antibody molecules, which includes an upfront payment and potential milestone payments based on development and commercialization [1] - The agreement builds on an existing collaboration where BeiGene had previously obtained a license for 百奥赛图's RenMice fully human antibody platform, indicating a deepening partnership [1] Group 2: Financial Performance - 东吴证券 reported that 百奥赛图's operating performance in the first half of the year exceeded expectations, with business development (BD) continuing to grow [1] - The company is expected to achieve over 40% growth in its antibody BD business in the first half of 2025, with animal models maintaining over 40% growth and preclinical CRO growth nearing 60% [1] - Overall revenue growth for 百奥赛图 is projected to exceed 40%, supported by a recovery in domestic industrial clients and a rapid increase in orders [1]

Core Viewpoint - 百奥赛图-B has seen a significant stock price increase following the announcement of a global licensing agreement with BeiGene for antibody molecules, indicating strong market confidence in the company's growth prospects [1] Group 1: Licensing Agreement - 百奥赛图 has entered into a global licensing agreement with BeiGene, which includes an upfront payment and potential milestone payments based on development and commercialization [1] - The agreement expands upon an existing collaboration where BeiGene had previously obtained a license for 百奥赛图's RenMice fully human antibody platform, showcasing the deepening partnership between the two companies [1] Group 2: Financial Performance - According to Dongwu Securities, 百奥赛图's operating performance in the first half of the year exceeded expectations, with business development (BD) continuing to grow [1] - The company has seen a rapid increase in orders, with a projected growth rate of over 40% for its antibody BD business in the first half of 2025, alongside a 40%+ growth in animal models and nearly 60% growth in preclinical CRO services [1] - Overall revenue growth for 百奥赛图 is expected to exceed 40%, driven by a moderate recovery in domestic industrial clients [1]