{"id":26214,"date":"2022-09-01T00:26:00","date_gmt":"2022-08-31T16:26:00","guid":{"rendered":"https:\/\/flcube.com\/?p=26214"},"modified":"2025-02-11T00:31:24","modified_gmt":"2025-02-10T16:31:24","slug":"simcere-pharmas-h1-2022-revenue-rises-27-on-new-drug-sales-rd-push","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=26214","title":{"rendered":"Simcere Pharma&#8217;s H1 2022 Revenue Rises 27% on New Drug Sales, R&amp;D Push"},"content":{"rendered":"\n<p>Jiangsu Simcere Pharmaceutical Co., Ltd (<a href=\"https:\/\/www.google.com\/finance\/quote\/2096:HKG\">HKG: 2096<\/a>) reported RMB 2.7 billion (USD 391 million) in H1 2022 revenue, up 27.3% year-on-year (YOY), driven by commercialization of six novel drugs. R&amp;D spending hit RMB 652 million (USD 94.4 million), while net profits fell 88.8% YOY to RMB 62 million (USD 8.9 million).<\/p>\n\n\n\n<p><strong>Commercial Highlights<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Six New Drugs:<\/strong> Generated RMB 1.76 billion (USD 254.9 million) in sales, up 44.8% YOY, led by CNS products edaravone and borneol (65.4% of total revenue).<\/li>\n\n\n\n<li><strong>Trilaciclib:<\/strong> A first-in-class CDK4\/6 inhibitor licensed from G1 Therapeutics, conditionally approved in July 2023 for extensive-stage small cell lung cancer (ES-SCLC), with commercial launch expected in Q4 2023.<\/li>\n<\/ul>\n\n\n\n<p><strong>R&amp;D Pipeline<\/strong><br>Simcere&#8217;s 60+ novel drug pipeline includes 16 candidates in 20 clinical trials. Recent milestones:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>5 IND Approvals:<\/strong> Secured during H1 2022.<\/li>\n\n\n\n<li><strong>9 FPI\/FIH Trials:<\/strong> Initiated, enrolling over 1,000 subjects.<\/li>\n\n\n\n<li><strong>Strategic Shift:<\/strong> Reallocated funds from cell therapies (CD19 CAR-T, BCMA CAR-T) to oncology products like trilaciclib, SIM0395, and docetaxel polymer micelles.<a href=\"https:\/\/flcube.com\/\">-Fineline Info &amp; Tech<\/a><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jiangsu Simcere Pharmaceutical Co., Ltd (HKG: 2096) reported RMB 2.7 billion (USD 391 million) in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7],"tags":[30,27,1099,271],"class_list":["post-26214","post","type-post","status-publish","format-standard","hentry","category-company","tag-biotech","tag-finanical-reports","tag-hkg-2096","tag-simcere-pharmaceutical"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Simcere Pharma&#039;s H1 2022 Revenue Rises 27% on New Drug Sales, R&amp;D Push - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Jiangsu Simcere Pharmaceutical Co., Ltd (HKG: 2096) reported RMB 2.7 billion (USD 391 million) in H1 2022 revenue, up 27.3% year-on-year (YOY), driven by commercialization of six novel drugs. R&amp;D spending hit RMB 652 million (USD 94.4 million), while net profits fell 88.8% YOY to RMB 62 million (USD 8.9 million).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flcube.com\/?p=26214\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Simcere Pharma&#039;s H1 2022 Revenue Rises 27% on New Drug Sales, R&amp;D Push\" \/>\n<meta property=\"og:description\" content=\"Navigate the complexities of China\u2019s pharmaceutical industry with precision and clarity. FLCUBE delivers reliable data, news, and intelligence to broaden your horizons and sharpen your decision-making. 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