BIOCYTOGEN-B (02315) stock surged 6.04% in pre-market trading on Friday, continuing its impressive run in the Hong Kong stock market. The biotech company's shares have been on a tear since November last year, with gains exceeding 400% at their peak, significantly outperforming the broader market.
The latest surge comes on the heels of BIOCYTOGEN-B's outstanding mid-year financial results. The company reported a 51.5% year-over-year increase in sales revenue for the first half of 2025, reaching 621 million yuan. More impressively, the company turned a profit, with net earnings of 48 million yuan, surpassing the previous year's full-year results. The company's financial health was further underscored by its positive net cash flow of over 33.3 million yuan, marking a significant milestone in its growth trajectory.
BIOCYTOGEN-B's success can be attributed to its unique dual-engine business model, focusing on innovative animal models and antibody molecule licensing. This approach has allowed the company to establish a strong foothold in the early stages of drug research and evaluation. The company's innovative animal models business saw a 56% year-over-year revenue increase, while its antibody molecule licensing development business has gained recognition from seven of the world's top ten pharmaceutical companies.
As the pharmaceutical and biotechnology sector continues to benefit from supportive government policies and increased investment in innovative drugs, BIOCYTOGEN-B appears well-positioned for future growth. The company's global expansion, with branches in key biotech hubs in the United States and Germany, further enhances its market position and ability to serve international clients. With its strong financial performance, unique business model, and growing patent portfolio, BIOCYTOGEN-B is cementing its position as a key player in the global drug discovery and development landscape.
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