0432 GMT - Suzhou Ribo Life Science's Swedish clinical team appears key to differentiating it from its Chinese pharmaceutical peers, say Macquarie Capital analysts in a note. The company's team in Sweden conducts proof-of-concept trials, which gives these trials global relevance and its clinical data credibility, they say. Ribo also has a broad drug pipeline and partnerships with global pharmaceutical corporates such as Boehringer Ingelheim and Madrigal, which validates the Chinese company's research and development know-how. The pharmaceutical company's sales could grow to CNY13 billion in 2040 from CNY176 million in 2025, they add. Macquarie Capital starts coverage of Ribo with an outperform rating and HK$97.30 target price. Shares last closed 1.5% higher at HK$71.10.(megan.cheah@wsj.com)
(END) Dow Jones Newswires
February 18, 2026 23:32 ET (04:32 GMT)
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