Junshi Biosciences Announces 2024 Interim Financial Results and Provides Corporate Updates [Financial Post (Toronto, Ontario, Canada)]
Coherus BioSciences, Inc. (CHRS)
Last coherus biosciences, inc. earnings: 2/27 04:01 pm
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Source: Financial Post
SHANGHAI, Aug. 30, 2024 (GLOBE NEWSWIRE) — Shanghai Junshi Biosciences Co., Ltd (“Junshi Biosciences,” HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced its 2024 interim financial results and provided corporate updates. FINANCIAL HIGHLIGHTS As of June 30, 2024, the total revenue of Junshi Biosciences was approximately RMB786 million during the first half of 2024, representing an increase of approximately 17% compared to 2023. The growth was mainly due to the approximately 11% increase in revenue from pharmaceutical products compared to 2023. In particular, the domestic sales revenue of our core product, TUOYI (toripalimab), reached approximately RMB671 million, representing an increase of approximately 50% compared to 2023. Total research and development (“R&D”) expenses were approximately RMB546 million for the first half of 2024, representing a decrease o
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CHRS
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- 11/6/24 - Beat
CHRS
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