Class A shares of the pharmaceutical sector collectively strengthened, Fengyuan Pharmaceutical rose by the limit, Hengrui Pharmaceutical and Hendipharmaceuticals rose by more than 7%, and Xinhua Pharmaceutical and Lianhuan Pharmaceutical rose.
Class A shares of innovative drug sector has repeatedly strengthened, Lianhuan Pharmaceutical went out of 8 days and 6 boards, Yifang Bio rose more than 6%, Lisheng Pharmaceutical, Guangshengtang, Asia Pacific Pharmaceutical, Franc Group, Anglikang rose more than 5%.
Trump said on his social media platform that the price of prescription drugs and pharmaceutical products will be reduced by 30% to 80% almost immediately, and the United States will buy medicines at the prices of countries with the lowest prices in the world.
President Trump: Tariffs on pharmaceutical products will be announced in the next two weeks.
Mr. Trump is considering tariffs of about 25 per cent on cars, medicines and chips imported into the US. "The tariffs will be at or above 25 per cent and they will go up significantly this year," Mr. Trump said of chips and medicines. Further increases are likely later this year in order to give companies "a bit of a chance" to move operations back to the US. He added that final details of the auto tariffs would be released "probably" on April 2, when he had said they would take effect.
Hong Kong drug distribution shares rose again in the afternoon, Ali Health (00241.HK) rose 20%, Jingle Health (09886.HK) rose more than 19%, JD.com Health (06618.HK) rose more than 7%, Pharmacist Gang (09885.HK) rose nearly 7%, Sinopharm Holdings (01099.HK) rose nearly 2%.
Class A shares of chemical pharmaceutical plate rose, Hendi Pharmaceutical rose more than 12%, Luoxin Pharmaceutical, Lukang Pharmaceutical, Xinhua Pharmaceutical, Guangji Pharmaceutical were sealed plate limit, Xinganjiang, Shuanglu Pharmaceutical rose more than 6%.
The appointment time for the Shanghai 2024 annual report was released, and Warner Pharmaceutical took the lead and will be disclosed on April 22, 2025.
According to CNN Turkey, an explosion at an explosives factory in northwestern Turkey has killed 12 people and injured three others. No signs of sabotage have been found so far.
U.S. public company Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) announced that its board of directors approved the purchase of up to $1 million in bitcoin as a fiscal reserve asset. According to reports, Acurx Pharmaceuticals is a late-stage biopharmaceutical company.