Movement Alert|Kelun-Biotech Rises 7.35% in Regular Trading, Receives RMB 7.03 Billion Settlement Payment from Yilian Biopharmaceutical

Market Focus
Jun 12

On June 12, Kelun-Biotech rose 7.35% in regular trading, trading at HKD 422.6/share, with turnover of HKD 181 million.

On the news front, the company announced that it has received settlement payments totaling RMB 702.7 million from Suzhou Yilian Biopharmaceutical pursuant to a settlement agreement signed in December 2025. The latest tranche includes RMB 602.5 million representing Kelun-Biotech's share of revenue from Yilian's YL201 (B7H3) out-licensing transaction. According to the parent company Kelun Pharmaceutical's disclosure, the settlement covers revenue sharing from six pipeline assets including YL201, YL202, YL211, YL212, YL221, and YL222. The substantial cash inflow is expected to meaningfully improve the company's cash position and enhance R&D funding capacity, with a positive impact on full-year financial performance.

The broader Biotechnology sector also traded higher, with AKESO up 6.09%, Remegen up 5.24%, Innovent Bio up 5.21%, 3SBio up 3.14%, and BeiGene up 1.8%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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