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CSPC Pharmaceutical Group’s New Drug Approval Enhances Digestive Treatment Portfolio

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CSPC Pharmaceutical Group’s New Drug Approval Enhances Digestive Treatment Portfolio

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An announcement from CSPC Pharmaceutical Group ( (HK:1093) ) is now available.

CSPC Pharmaceutical Group announced that its Vonoprazan Fumarate Tablets have received drug registration approval from China’s National Medical Products Administration. This approval enhances the company’s product portfolio in digestive system therapies, offering a novel treatment option with advantages over conventional proton pump inhibitors, potentially strengthening its market position.

The most recent analyst rating on (HK:1093) stock is a Buy with a HK$10.26 price target. To see the full list of analyst forecasts on CSPC Pharmaceutical Group stock, see the HK:1093 Stock Forecast page.

More about CSPC Pharmaceutical Group

CSPC Pharmaceutical Group is a company in the pharmaceutical industry, focusing on the development and production of drugs. It is known for its innovative approach in creating therapeutic products, particularly in the area of digestive system treatments.

YTD Price Performance: 20.11%

Average Trading Volume: 143,556,278

Technical Sentiment Signal: Buy

Current Market Cap: HK$66B

Learn more about 1093 stock on TipRanks’ Stock Analysis page.

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