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The latest announcement is out from Cutia Therapeutics ( (HK:2487) ).
Cutia Therapeutics announced that its topical finasteride spray, CU-40102, has received marketing approval from China’s National Medical Products Administration for the treatment of androgenetic alopecia. This approval marks the first global and Chinese approval for a topical finasteride product, enhancing Cutia’s position in the dermatology sector. The product’s approval is based on successful Phase III clinical trials in China, and it represents a significant step in expanding the company’s product offerings in scalp care. A New Drug Application has also been submitted in Hong Kong, furthering its market reach.
More about Cutia Therapeutics
Cutia Therapeutics is a company incorporated in the Cayman Islands, focusing on dermatology treatment and care products. The company develops innovative solutions for scalp diseases and broader dermatological conditions, with a market focus on China and Hong Kong.
Average Trading Volume: 1,589,071
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$3.01B
See more insights into 2487 stock on TipRanks’ Stock Analysis page.