研报掘金丨华安证券：维持甘李药业“买入”评级，海外市场保持高增长

格隆汇2025-08-14

华安证券研报指出，甘李药业2025H1业绩亮眼，国内量价齐升，海外市场保持高增长。国内市场，通过两轮胰岛素集采，公司成功实现扩大市场份额的战略目标。特别是在2024年接续集采中，协议量较上次集采大幅增长32.6%，同时产品价格合理回升，形成量价齐升的协同效应。2025年上半年，国内销售收入18.45亿元，同比增长55.28%。在国际市场，公司持续深化全球市场拓展，强化本土化运营能力。2025年...

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