tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SSY Group’s Lincomycin Injection Gains Approval in China

Story Highlights
SSY Group’s Lincomycin Injection Gains Approval in China

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from SSY Group ( (HK:2005) ).

SSY Group Limited has announced that its Lincomycin Hydrochloride Injection has passed the Consistency Evaluation of the Quality and Efficacy of Generic Drugs by the National Medical Products Administration of China. This development is significant as it enhances the company’s product portfolio and strengthens its position in the pharmaceutical market, particularly for patients who cannot use penicillin for severe infections.

The most recent analyst rating on (HK:2005) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on SSY Group stock, see the HK:2005 Stock Forecast page.

More about SSY Group

SSY Group Limited operates in the pharmaceutical industry, focusing on the development and production of generic drugs. The company is committed to providing high-quality and effective pharmaceutical solutions, with a market focus on addressing the needs of patients who require alternatives to standard treatments.

YTD Price Performance: -8.80%

Average Trading Volume: 14,342,383

Technical Sentiment Signal: Hold

Current Market Cap: HK$9.15B

Learn more about 2005 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1