Guangzhou Innogen expects FY2025 loss of RMB341.4 million

Reuters03-18 16:35

Guangzhou Innogen expects FY2025 loss of RMB341.4 million

Innogen expects a loss of about RMB341.4 million for the year ended 31 December 2025, compared with a loss of about RMB174.7 million a year earlier. The company recorded revenue of about RMB131.5 million in 2025, versus nil in 2024, following the commercialization of Efsubaglutide Alfa for type 2 diabetes in China and Macau. Innogen said research and development expenses rose by about RMB103.3 million, driven by higher spending on raw materials, pre-clinical studies, clinical trials and process optimization related to Efsubaglutide Alfa. It also reported an increase in selling and distribution expenses of about RMB174.3 million, mainly due to higher marketing and promotional costs and expanded sales staffing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guangzhou Innogen Pharmaceutical Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260318-12056938), on March 18, 2026, and is solely responsible for the information contained therein.

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Innogen said research and development expenses rose by about RMB103.3 million, driven by higher spending on raw materials, pre-clinical studies, clinical trials and process optimization related to Efsubaglutide Alfa. It also reported an increase in selling and distribution expenses of about RMB174.3 million, mainly due to higher marketing and promotional costs and expanded sales staffing.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guangzhou Innogen Pharmaceutical Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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