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Henlius Reports Revenue Rise For First Quarter Of 2024

The Company’s Core Products Showed Growth Compared To Last Year

 
• By Adam Zamecnik

The Chinese biotech reported increased growth in its revenue fuelled by its portfolio of biologic drugs and biosimilars, with further plans for approvals around the world.

Q1 1st First Quarter
• Source: Shutterstock

Shanghai Henlius Biotech has reported a revenue of about RMB1.349bn ($187m) in the first quarter of 2024 as the Chinese company continues expanding the sales of its flagship biologics at home and abroad.

The biotech’s freshly reported revenue showcased continued growth, doubling down on the firm’s recent announcement of its results for 2023, which was Henlius’ first fully profitable year

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