Everest Medicines Shareholders Pass Resolutions Including Commercialization Service Agreement at EGM
Hits:17 Date: 2/27/2026
HONG KONG, Feb 25, 2026 - (ACN Newswire) – Everest Medicines shareholders passed all proposed resolutions at an extraordinary general meeting (the “EGM”) held virtually on February 24, 2026, the company said in a filing.
Per the voting results, shareholders formally approved, confirmed and ratified the Commercialization Service Agreement entered into with Hasten on 11 December 2025, along with the transactions contemplated thereunder. Resolutions regarding the grant of awards to the company’s management and the adoption of the 2026 Share Scheme—including the associated mandate limits—were also passed at the meeting.
The unified shareholder support signals strong investor confidence in the company's strategic direction and corporate governance. Following the approval, Everest Medicines is expected to improve utilization and productivity of its existing commercial platform, while strengthening its commercial capabilities and life-cycle management in support of its long-term development strategy.
Everest Medicines is a biopharmaceutical company focused on discovering, developing, manufacturing and commercializing transformative pharmaceutical products and vaccines that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record from both leading global pharmaceutical companies and local Chinese pharmaceutical companies in high-quality discovery, clinical development, regulatory affairs, CMC, business development and operations. Everest Medicines has built a portfolio of potentially global first-in-class or best-in-class molecules in the company’s core therapeutic areas of renal diseases, infectious diseases and autoimmune disorders. For more information, please visit its website at www.everestmedicines.com.