有成熟出海能力的药企，长期增长更有保障

明大教主01-06

近半年，在下手里的创新药不少标的浮盈都大幅回撤，全年整体收益从200%+剧烈回撤至150%+，只有百奥赛图、百济神州等少数公司算是没怎么回撤。尤其是百奥赛图，我原以为百奥A股发行后筹码压力增强，可能会带来H股情绪抛压，百奥H股怎么不得回撤一波？结果A股发行后港股这边短期是有几天剧烈回调，但港股通利好一出马上就又支棱起来了。医药魔方统计数据显示，2025年我国创新药融资金额约146.84亿美元，融资...

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