Salubris Shifts Toward Innovative Cardiovascular Drugs as Generics Shrink
Salubris is accelerating its shift from generics as price cuts and expiring patents weigh on the category. From 2023 to 2025, generics fell from 48.8% to 30% of pharmaceutical sales while spending to launch new products rose sharply. Annual revenue climbed to 4.35 billion yuan in 2025, and first-half 2026 revenue grew 16.3% to 2.48 billion yuan, with net profit around 390 million yuan.