# If ALTEOGEN moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/alteogen · Facet: ripple · Updated: 2026-07-12T04:03:43.631+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, ALTEOGEN is directly linked to 2 companies (0 supply, 2 revenue relationships) and reaches 3 companies within two hops; the links are backed by 6 dated sources, 4 of them primary filings (as of 2026-07-12).

ALTEOGEN operates across Health Care, KOSDAQ. It is -9.2% in 2026. The demand side (avg +22.3%) leads the stock (-9.2%), so customer moves come first here. Among connected nodes the furthest ahead is Merck & Co. (+44.9%) and the furthest behind is Daiichi Sankyo (-0.2%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. A top KOSDAQ constituent by market capitalization.

## Demand chain (leading)
- T1 Merck & Co. (https://valuechain.wiki/merck-co.md)
- T2 McKesson Corporation (https://valuechain.wiki/mckesson.md)
- T3 CVS Health (https://valuechain.wiki/cvs-health.md)
- T3 Walmart Inc (https://valuechain.wiki/walmart.md)
- T1 Daiichi Sankyo (https://valuechain.wiki/daiichi-sankyo.md)

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Full node: https://valuechain.wiki/alteogen.md · JSON: https://valuechain.wiki/alteogen.json