翰森制药(3692.HK)首次覆盖报告:自研+BD双轮驱动 创新转型已见成效

民生证券
26 Nov 2024

自研+BD 双轮驱动,创新转型已见成效。翰森制药深耕医药行业30 年,经营情况稳中向好,2023 年营收突破100 亿元,同比增长7.70%,净利润突破30亿元,同比增长26.85%。公司坚持“自主研发”和“BD 合作”双轮驱动,以“高强度研发投入加速临床进展、高价值创新药扩充产品管线、高差异早期项目引领科研布局、高投入基础研究激活源头创新”的战略,持续加强成熟创新产品与高差异化早期项目引进,公司...

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