1005 GMT - Chinese pharma and biotech firms are poised to deliver solid 2H results, driven by stronger-than-expected innovative drug sales and licensing income, Citi analysts say in a note. Fosun Pharma's revenue could beat forecasts due to its business development deal with Pfizer, while Hansoh Pharma's results are expected to meet expectations as innovative drug sales track guidance. Most contract development and manufacturing organizations have issued positive profit alerts, and further guidance upgrades are likely. Specifically, WuXi AppTec's launch of its orforglipron drug may lift its revenue and profit outlook. Citi has a positive catalyst watch on names that could deliver earnings beats and guidance raises, including United Imaging, Pharmaron and Yifeng. (jason.chau@wsj.com)
(END) Dow Jones Newswires
February 24, 2026 05:05 ET (10:05 GMT)
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