Home / Business / Chinese drugmaker Hengrui’s quarterly profit misses forecasts amid generic drug business squeeze

Chinese drugmaker Hengrui’s quarterly profit misses forecasts amid generic drug business squeeze

Jiangsu Hengrui Pharmaceuticals , China’s biggest drugmaker by market value, reported fourth-quarter profit below market ​expectations on Wednesday, as income from business ‌development deals has failed to appear.

The specialist in oncology, neurology, immunology, respiratory, metabolic and cardiovascular drugs has ​expanded licensing deals and developed more innovative ​drugs amid Beijing’s centralised bulk buying programmes, ⁠which have squeezed generic drug… [559 chars]

Source: Reuters | Published: 2026-03-25T13:33:23Z

Credit: Reuters

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