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SINO BIOPHARM Leaps 13%+ w/ Major Out-licensing Deal on Horizon
Lei Ming, who is responsible for handling capital markets at SINO BIOPHARM, stated that out-licensing has become one of the company's key strategic goals, and a heavyweight out-licensing deal is set to be finalized soon.
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Starting this year, business development transactions will become a regular source of revenue and profit for SINO BIOPHARM, Lei revealed.
This will not only further increase the proportion of the company's international revenue to open up a second growth curve for its performance, but it may also serve as a catalyst for a revaluation of the company's worth.
Source: AAStocks Financial News
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