FAST NEWS: TaiMed tumbles in Hong Kong trading debut
The Latest: Shares of Zhejiang Taimei Medical Technology Co. Ltd. (2576.HK) opened at HK$11.24 in their Tuesday trading debut, down 13.5% from their IPO price of HK$13, giving the medical…
FAST NEWS: Joinn Lab swings to the red on falling revenue
The Latest: Joinn Laboratories (China) Co. Ltd. (6127.HK; 603127.SH), China’s leading non-clinical contract research organization (CRO), said on Wednesday it expects to report a net loss of 136 million yuan ($18.7…
FAST NEWS: Joinn Laboratories spents $3.7 million on share buyback
The Latest: Joinn Laboratories (China) Co. Ltd. (6127.HK; 603127.SH), China’s leading non-clinical contract research organization (CRO), said on Monday that since announcing a plan on Mar. 27 to repurchase its A…
FAST NEWS: Joinn Lab profit plunges, sending shares to 52-week low
The latest: Joinn Laboratories (China) Co. Ltd. (6127.HK; 603127.SH), China’s leading non-clinical contract research organization (CRO), announced on Tuesday it expects to report a net profit of 311 million ($43.8…
FAST NEWS: WuXi Biologics boosts new projects target
The latest: Contract drug services provider WuXi Biologics (Cayman) Inc. (2269.HK) announced on Wednesday it has raised its guidance for new projects in 2024 from 80 to 110, despite a…
Joinn profits slide as lab monkey build-up backfires
The leading provider of pre-clinical drug research has predicted its first-half profits will plummet between 70% and 80% due to the falling value of its lab animals Key Takeaways: Joinn…
Cash-strapped Viva Biotech sells stake and plans spinoff
The biotech has gained a capital injection from Temasek and a major Chinese investor, but the deal has not boosted investor confidence Key Takeaways： As well as tapping strategic investors,…
