1. The advantage of Tiger Medicine is clinical CRO, and there is not much domestic competition. It is better for pharmaceutical companies to penetrate from upstream to downstream. Tiger medicine has invested in many other companies and is a small expert in the pharmaceutical industry. The basic business of medical stone technology is the molecular building block with the largest source of small molecules. Recently, the downstream CDMO has been vigorously developed, accounting for more than half of the revenue.
2. On August 9, 2023, the medical care opened lower and then fluctuated and rose, and the concept of CXO contributed the main driving force. Tiger medicine soared by more than 7%, and medicine stone technology rose by more than 6%.