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RemeGen Projects Significant Revenue Growth Amid Loss Reduction in 2024
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RemeGen Projects Significant Revenue Growth Amid Loss Reduction in 2024

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The latest announcement is out from RemeGen Co. Ltd. Class H ( (HK:9995) ).

RemeGen Co., Ltd. announced its estimated financial results for 2024, projecting a revenue increase of approximately 58% compared to 2023. Despite still expecting a net loss, the company reports a reduction in losses due to increased R&D investments and growing sales from its key products, indicating an improvement in its financial performance.

More about RemeGen Co. Ltd. Class H

RemeGen Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the pharmaceutical industry. The company focuses on the research and development of innovative drugs, and its primary products include telitacicept and disitamab vedotin.

YTD Price Performance: -14.03%

Average Trading Volume: 2,334,330

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$12.38B

For an in-depth examination of 9995 stock, go to TipRanks’ Stock Analysis page.

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