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Sino Biopharmaceutical (STU:SMZ1) Allowance For Loans And Lease Losses


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What is Sino Biopharmaceutical Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Sino Biopharmaceutical (STU:SMZ1) Business Description

Industry
Traded in Other Exchanges
Address
1 Harbour Road, Unit 09, 41st Floor, Office Tower, Room 4109, Convention Plaza, Wanchai, Hong Kong, HKG
Sino Biopharmaceutical Co, or SBP, is one of the largest drugmakers in China, with CNY 27 billion revenue in 2021. Its four most important therapeutic areas are oncology, hepatitis, cardio-cerebral, and respiratory medicines. SBP's current portfolio is mostly generics, and some key drugs are facing severe price reductions. However, it also has a rich pipeline of early-to-market generics and biosimilars, especially in oncology and respiratory treatments.