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China Medical System Holdings ( (HK:0867) ) just unveiled an announcement.
China Medical System Holdings announced that its subsidiary, Dermavon Holdings, received approval from China’s National Medical Products Administration to conduct clinical trials for the drug Povorctinib, targeting non-segmental vitiligo and moderate to severe hidradenitis suppurativa. This approval marks a significant step in the company’s expansion in the dermatological treatment market, potentially enhancing its industry positioning and offering new opportunities for stakeholders.
More about China Medical System Holdings
China Medical System Holdings Limited, along with its subsidiaries, operates in the pharmaceutical industry, focusing on innovative skin health solutions. Its subsidiary, Dermavon Holdings Limited, specializes in skin health and is pursuing an independent listing on the Hong Kong Stock Exchange.
For a thorough assessment of 0867 stock, go to TipRanks’ Stock Analysis page.