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Essex Bio-Technology Gains Approval to Commercialize New Eye Drops in China

Story Highlights
  • Essex Bio-Technology focuses on biopharmaceuticals for ophthalmic diseases in China.
  • The company received approval to commercialize multi-dose eye drops for dry eye treatment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Essex Bio-Technology Gains Approval to Commercialize New Eye Drops in China

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Essex Bio-Technology ( (HK:1061) ) has shared an announcement.

Essex Bio-Technology Limited has received approval from the National Medical Products Administration for the commercialization of its multi-dose Diquafosol Sodium Eye Drops in the People’s Republic of China. This product, aimed at treating dry eye syndromes, expands the company’s ophthalmic treatment options in the region, potentially strengthening its market position and offering more choices to patients.

More about Essex Bio-Technology

Essex Bio-Technology Limited operates in the biotechnology industry, focusing on the development and commercialization of biopharmaceutical products. The company primarily offers treatments for ophthalmic diseases and conditions, with a market focus on the People’s Republic of China.

Average Trading Volume: 1,597,517

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.95B

See more data about 1061 stock on TipRanks’ Stock Analysis page.

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