FilingReader Intelligence

Genscript Biotech expects $204m profit swing

July 21, 2025 at 11:19 PM UTCBy FilingReader AI

Genscript Biotech Corporation forecasts profit before tax of $175.4 million to $204.6 million for the six months ended June 30, 2025, versus a $127.9 million loss in the prior period.

The turnaround is primarily driven by license revenue of $182.2 million to $212.5 million, up from $755,000, mainly from LaNova Medicines Ltd.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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