Jiangsu Hengrui Medicine Co Ltd600276
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NMPA approved Recaticimab Injection for a Phase III trial in intracranial atherosclerotic stenosis, advancing its self-developed anti-PCSK9 antibody pipeline.
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Amgen Fair Value Target Rises to US$388.03 as Analysts Split on Pipeline Risks
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Edwards Lifesciences Targets $2 Billion TMTT Business by 2030 as CMS Expands TAVR Access
Edwards Lifesciences outlined a structural heart growth plan that targets more than US$2 billion in transcatheter mitral and tricuspid revenue by 2030, anchored by its PASCAL, EVOQUE, and Sapien M3 technologies. The plan sits alongside updated Medicare coverage that could enable 100 to 200 additional U.S. centers to perform TAVR procedures, reinforcing the company's transcatheter ecosystem. Edwards' broader narrative projects $8.5 billion in revenue and $2.2 billion in earnings by 2029, requiring 9.3% yearly revenue growth and an earnings increase of about $1.2 billion from $979.9 million today. Three fair value estimates from the Simply Wall St Community cluster between US$91.47 and US$100.96 per share, against a $100.96 fair value that implies 14% upside to the current price. The company still faces risks around margins, tariffs, and competitive pressure in international markets.
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Novartis Shares Plunge 10% as Del-desiran Fails Late-Stage Trial
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