Alphamab Oncology to Turn to 2024 Profit

MT Newswires Live

03/05

Alphamab Oncology (HKG:9966) expects a profit of at least 150 million yuan for the year 2024, compared with a loss of around 210.6 million yuan a year prior, a Tuesday filing with the Hong Kong bourse said.

The drugmaker attributed the anticipated turnaround to profit mainly to three license collaborations and sales revenue.

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