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Benzinga
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Gyre Therapeutics Gains Attention As Under-The-Radar Liver Fibrosis Drug Maker

1. HC Wainwright initiated coverage on Gyre Therapeutics, rating it 'Buy'. 2. Gyre missed Q2 revenue expectations, reporting $26.78 million against $30.8 million. 3. Hydronidone shows promise in Phase 3 trials for liver fibrosis with significant results. 4. Expected revenue growth of 11.3% to 20.8% in 2025 driven by new therapies. 5. Analysts forecast Hydronidone could reach $6 billion in annual U.S. sales by 2033.

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FAQ

Why Bullish?

Despite recent setbacks, Hydronidone's Phase 3 success may drive future revenues.

How important is it?

The company’s potential blockbuster drugs and analyst coverage significantly enhance investor interest.

Why Long Term?

Ongoing drug developments and FDA submissions expected to positively influence GYRE's growth prospects.

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