摩根士丹利发布研究报告称,予翰森制药(03692)“增持”评级,目标价24港元。
翰森制药宣布与默沙东订立全球独家许可协议,向其授予开发、生产及商业化临床前口服小分子GLP-1受体激动剂HS-10535的全球独家许可,涉及首付款1.12亿美元,以及里程碑付款以及基于产品销售的特许权使用费最多19亿美元。
大摩认为消息对股价反应正面,虽然HS-10535过往较少被投资者关注,对于翰森制药的估值可能没有太大的贡献,但相信今次授权证明了公司的产品管线质量及研发能力,考虑到全球GLP-1市场竞争趋向激烈,公司此举有助降低风险,未来亦可将资源分配给其他差异化管线候选药物的研发当中。
责任编辑:史丽君
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.