HK Stock Movement | KEYMED BIO-B (02162) Surges Over 7% as Goldman Sachs Highlights Stapokibart's Potential to Establish Valuation Foundation

Stock News
11/03

KEYMED BIO-B (02162) rose more than 7%, reaching HK$64.55 by the time of writing, with a trading volume of HK$281 million. Goldman Sachs issued a research report maintaining a "Buy" rating on KEYMED BIO-B, setting a target price of HK$92.67. The report noted that the company's first commercialized product, Stapokibart, has been approved in mainland China for treating atopic dermatitis, chronic sinusitis, and seasonal allergic rhinitis. Given Stapokibart's first-mover advantage in these areas, Goldman Sachs believes the drug could establish a solid valuation foundation for the company, projecting peak sales to exceed RMB5 billion by 2035. Additionally, the bank expects further growth momentum from CM512, which could become a preferred treatment for asthma and chronic obstructive pulmonary disease (COPD). Global sales of CM512 are forecasted to reach $3.3 billion before proof-of-concept (PoS) and $694 million after PoS by 2035. In the first half of this year, Stapokibart (also known as Kangyueda®) generated sales of approximately RMB169 million. Huatai Securities previously highlighted Stapokibart's strong efficacy and safety profile in atopic dermatitis (AD), along with its rapid sales growth driven by exclusive indications in nasal conditions. The company plans to participate in the 2025 national drug reimbursement negotiations, which could improve accessibility. Furthermore, KEYMED BIO-B's early-stage pipeline shows strong global potential, with multiple catalysts expected to materialize.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10