CStone Pharmaceuticals Reports 2023 Annual Results and Business Updates [Yahoo! Finance]
Pfizer, Inc. (PFE)
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Source: Yahoo! Finance
Healthy financial position with cash reserves of RMB 1,026.7 million as of December 31, 2023 and net loss narrowed by 57% from the past year CStone established strategic collaborations with multiple companies to maximize commercialization efficiency and product value. Manufacturing localization of AYVAKIT ® (avapritinib) and GAVRETO ® (pralsetinib) proceed smoothly in China , expecting significant reduction of drug cost. Moving forward, the Company will strategically priorities research and development CS5001 (ROR1 ADC), a blockbuster product from CStone's Pipeline 2.0, is making rapid progress in a global multi-center clinical trial and has become the first ROR1 ADC demonstrating clinical anti-tumor activity in solid tumors. Additionally, various first-in-class ADCs and multi-specific antibodies further strengthen the early pipeline Five new drug application (NDA) approvals were obtained, including three for sugemalimab in treatment of first-line gastric/gastroesophageal junct
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