中银国际研究报告指,三生制药(01530.HK) 日前公布与辉瑞(PFE.US) 就PD-1/VEGF双特异性抗体(SSGJ-707)达成中国以外的全球许可转让合作,交易包括12.5亿美元(下同)的许可首付款付款、最多48亿元的里程碑付款,以及双位数百分比的分级销售里程碑付款。此外,辉瑞可能会认购价值1亿元的三生制药普通股。
该行认为交易规模超出市场预期,将交易前期款项纳入集团2025财年的收入预测,并将SSGJ-707在2029财年之后的海外贡献纳入评估范围,目标价由12.7元上调至21.8元,维持“买入”评级。(ss/j)(港股报价延迟最少十五分钟。沽空资料截至 2025-05-21 12:25。) (美股为即时串流报价; OTC市场股票除外,资料延迟最少15分钟。)
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