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Everest Medicines (1952) investor relations material
Everest Medicines 44th Annual J.P. Morgan Healthcare Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic vision and company overview
Aims to become a leading integrated biopharma company in China, leveraging both near-term revenue growth and long-term sustainability through in-licensing and proprietary discovery.
Commercially launched three products and employs about 800 people, mostly in China.
Built a robust discovery platform and manufacturing facility to support end-to-end drug development.
Commercialization and product pipeline
Focuses on dual-engine growth: in-house R&D and in-licensing, with a strong commercial platform (AMMS) for innovative pharmaceuticals in China.
Nefecon, for IgA nephropathy, achieved RMB 1.2–1.4 billion sales guidance for 2024 and is the first non-oncology product to exceed RMB 1 billion in NRDL sales in its first year.
Velsipity, targeting ulcerative colitis, is approved in Macau and Singapore, with Mainland China approval expected soon and NRDL coverage targeted for 2027.
Recent in-licensing and CSO deals expand the portfolio into cardiovascular and ICU therapeutics, adding significant incremental revenue.
R&D and innovation focus
Early discovery pipeline emphasizes mRNA therapeutics and a proprietary BTK inhibitor (EVER001/civorebrutinib) showing promising results in renal diseases.
EVER001 demonstrated sustained autoantibody and proteinuria reduction, with plans for pivotal studies and basket trials in multiple indications.
mRNA platform features end-to-end capabilities, with lead programs in in vivo CAR-T and cancer vaccines, aiming for U.S. IND filing in the first half of 2026.
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