Movement Alert|BEONE MEDICINES Rises 3.05% in Regular Trading, Q2 Global Revenue Hits $1.7 Billion with 30% YoY Growth

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On August 26, BEONE MEDICINES rose 3.05% in regular trading, trading at 231.0 HKD/share, with turnover of HKD 109 million.

On the news front, the company's audit committee reviewed and released interim results for the six months ended June 30. Second-quarter global revenue reached USD 1.7 billion, up 30% year-over-year, with core product Brukinsa generating USD 1.2 billion in global revenue, up 31% year-over-year. For the first half, total operating revenue was RMB 22.22 billion, up 26.8% YoY, while net profit attributable to shareholders surged 627.1% to RMB 3.27 billion, driven by accelerating global commercialization.

Meanwhile, the broader biotech sector rallied strongly, with CanSinoBio up 18.64%, Innovent Bio up 11.89%, Everest Medicines up 8.03%, and Akeso up 7.82%, providing additional sector tailwinds.

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