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Fusen Pharmaceutical’s Product Selected in National Procurement

Story Highlights
  • Fusen Pharmaceutical operates in the pharmaceutical industry, producing and distributing medicines.
  • The company’s Metformin Empagliflozin Tablets were selected in China’s national procurement, boosting its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fusen Pharmaceutical’s Product Selected in National Procurement

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Fusen Pharmaceutical Co., Ltd. ( (HK:1652) ) has shared an update.

Fusen Pharmaceutical Co., Ltd. announced that its Metformin Empagliflozin Tablets were selected in the eleventh batch of China’s National Centralised Medicines Procurement. This selection is a significant development for the company, potentially enhancing its market position and offering growth opportunities in the Chinese pharmaceutical market.

The most recent analyst rating on (HK:1652) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Fusen Pharmaceutical Co., Ltd. stock, see the HK:1652 Stock Forecast page.

More about Fusen Pharmaceutical Co., Ltd.

Fusen Pharmaceutical Co., Ltd. is a company incorporated in the Cayman Islands, operating in the pharmaceutical industry. The company, along with its subsidiaries, focuses on the production and distribution of pharmaceutical products.

Average Trading Volume: 2,167,191

Technical Sentiment Signal: Hold

Current Market Cap: HK$514.7M

For a thorough assessment of 1652 stock, go to TipRanks’ Stock Analysis page.

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