Qyuns Therapeutics (HKG:2509) proposed raising annual profit-sharing caps for its psoriasis drug QX001S to 120 million yuan in 2026, 210 million yuan in 2027 and 310 million yuan in 2028.
QX001S is a biosimilar of ustekinumab, marketed as SAILEXIN and SAIJIENING in China. The company said the revised caps reflect rising demand for the drug, according to a Wednesday Hong Kong bourse filing.
Qyuns also proposed raising annual caps for drug supplies to its commercialization partner, Hangzhou Zhongmei Huadong Pharmaceutical, to 25 million yuan in 2026, 42 million yuan in 2027 and 57 million yuan in 2028. Both proposals require independent shareholder approval at a Nov. 13 meeting.
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