Medical stocks continued to decline in the afternoon, with dongfulong falling more than 15%
Pharmaceutical and medical stocks continued to decline in the afternoon. Dongfulong fell by more than 15%, Nuohe Zhiyuan, Watson biology, Changchun hi tech and boten fell by more than 7%, and Wantai biology, Boya biology and Medici followed suit.
Briefing Jun 20, 2022 04:54 PM
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The producer of long-acting growth hormone acupunctures, vaccines and other drugs, looks set to offset the effects of so-called “centralized procurement” on its product prices with more aggressive expansion into private hospitals. So far, its monopoly appears unshakable, but with more competitors upping the stakes, how long will it last?
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