HK/China Healthcare Analyst (ex-Fosun Pharma)

Xinyao (Criss) Wang

Equity Capital Markets

Mabwell (Shanghai) Bioscience / Equity Capital Markets

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<a href="https://www.smartkarma.com/entities/mabwell-shanghai-bioscience-co-ltd" target="_blank" data-smartkarma-citation="entities:44225:1" rel="noopener">Mabwell (Shanghai) Bioscience (MAB HK)</a> has three commercialized products on the market, but their commercialization performance have been far lower-than-expected, leading to small revenue scale and continuously expanding losses. </li>
<li>Mabwell’s ADC technology is actually outdated. We’re not optimistic about the final efficacy of 9MW2821, which is hard to become a Best-In-Class. Other pipeline candidates need to face fierce competition.</li>
<li>Mabwell’s pipeline actually lack competitiveness in the market. Due to weak liquidity, share price of Mabwell in HK market would be traded at a discount to A shares.</li>
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Mabwell (Shanghai) Bioscience (MAB HK) has three commercialized products on the market, but their commercialization performance have been far lower-than-expected, leading to small revenue scale and continuously expanding losses. 
Mabwell’s ADC technology is actually outdated. We’re not optimistic about the final efficacy of 9MW2821, which is hard to become a Best-In-Class. Other pipeline candidates need to face fierce competition.
Mabwell’s pipeline actually lack competitiveness in the market. Due to weak liquidity, share price of Mabwell in HK market would be traded at a discount to A shares.


Pre-IPO Mabwell (Shanghai) Bioscience - The ADC Technology Is Outdated

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Pre-IPO Mabwell (Shanghai) Bioscience - The ADC Technology Is Outdated

​Mabwell is struggling with lower-than-expected commercialization performance and outdated ADC technology. The pipeline lacks competitiveness,...

Xinyao (Criss) Wang

Mabwell is struggling with lower-than-expected commercialization performance and outdated ADC technology. The pipeline lacks competitiveness,...