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flag China Medical System's turnover fell 6.8% in 2024, but sales of innovative drugs rose 4.1%, driving future growth plans.

flag China Medical System (CMS) saw a 6.8% drop in 2024 turnover to RMB7,469 million due to National Volume Based Procurement. flag However, sales of exclusive and innovative drugs rose 4.1% to RMB4,551 million, accounting for 52.8% of total revenue. flag CMS submitted NDAs for two new drugs, including one for vitiligo, and has nearly 40 innovative pipeline products. flag The company is also expanding its Southeast Asia business and focusing on global first-in-class and best-in-class drugs to drive future growth.

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