亿腾医药借壳嘉和生物上市，销售费用高企与分红争议引关注

DoNews2025-05-21

2024年10月，亿腾医药通过反向收购嘉和生物实现港股上市。其长达四年的IPO挫折后选择“借壳”突围，估值达6.77亿美元。然而，公司2024年销售及分销开支飙升至7.31亿元，会议开支达2.23亿元，远超同期研发费用1.22亿元，引发对“重销售轻研发”模式的质疑。此外，上市前半年内突击分红1.44亿元，实控人独得6300万元，被指“掏空式分红”。未来，亿腾嘉和寄希望于创新药管线纳入医保以推动增长...

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