tiprankstipranks
Trending News
More News >

Consun Pharmaceutical’s Traditional Chinese Medicine Product Gains Protected Status

Story Highlights
Consun Pharmaceutical’s Traditional Chinese Medicine Product Gains Protected Status

Confident Investing Starts Here:

Consun Pharmaceutical Group Ltd. ( (HK:1681) ) has issued an update.

Consun Pharmaceutical Group Ltd. announced that its product, Kidney Repair and Edema Alleviation Granules, has been approved as a Class 2 Protected Product of Traditional Chinese Medicine by the National Medical Products Administration. This approval grants the product a state protection period of seven years, during which other enterprises are prohibited from imitating it. The recognition is expected to support the company’s long-term development and strengthen its market position.

More about Consun Pharmaceutical Group Ltd.

Consun Pharmaceutical Group Ltd. is a company incorporated in the Cayman Islands, operating in the pharmaceutical industry with a focus on traditional Chinese medicine. The company, through its subsidiary Guangzhou Consun Pharmaceutical Company Limited, develops and markets products such as the Kidney Repair and Edema Alleviation Granules.

YTD Price Performance: -11.65%

Average Trading Volume: 1,893

Technical Sentiment Signal: Strong Sell

Current Market Cap: €889.6M

For detailed information about 1681 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App