CSPC Pharmaceutical Group ( (HK:1093) ) has shared an announcement.
CSPC Pharmaceutical Group has announced that its Prusogliptin and Metformin Extended-Release Tablets have received approval from China’s National Medical Products Administration to commence clinical trials. This product is the first fixed-dose combination of prusogliptin and metformin hydrochloride approved for such trials, aimed at treating adult patients with type 2 diabetes mellitus who have inadequate control with metformin alone. The approval marks a significant step in CSPC’s clinical development, offering a promising safety and tolerability profile compared to existing monotherapy options.
More about CSPC Pharmaceutical Group
CSPC Pharmaceutical Group is a company incorporated in Hong Kong, operating in the pharmaceutical industry. It focuses on developing and manufacturing pharmaceutical products, with a market focus on innovative drug formulations and therapies.
YTD Price Performance: 8.47%
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Technical Sentiment Signal: Buy
Current Market Cap: $8.26B
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