美国食品药品监督管理局（FDA）的一则公告在医药研发领域掀起轩然大波。近期，FDA 官方网站宣布计划逐步取消单抗和其他药物的动物实验要求。而这一消息迅速引发市场连锁反应，尤其是对国内CRO（合同研究组织）头部企业昭衍新药产生了显著影响。消息公布次日（4月11日），昭衍新药A股开盘即跌停，H股盘中跌幅超18%，市值单日蒸发逾30亿元。资金恐慌主要源于昭衍新药的特殊商业模式——70%收入来自动物实验...
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