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Grand Pharmaceutical’s SIR-Spheres® Y-90 Gains Early FDA Approval for New Cancer Treatment

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Grand Pharmaceutical’s SIR-Spheres® Y-90 Gains Early FDA Approval for New Cancer Treatment

Elevate Your Investing Strategy:

The latest announcement is out from Grand Pharmaceutical Group Limited ( (HK:0512) ).

Grand Pharmaceutical Group Limited announced that its associate company, Sirtex Medical Pty Ltd, received early FDA approval for a new indication of its SIR-Spheres® Y-90 resin microsphere injection, now approved for treating unresectable hepatocellular carcinoma (HCC). This approval highlights the company’s strong clinical registration capabilities and supports its strategy to expand its nuclear medicine offerings globally, reinforcing its leadership in the industry. The product, which has been widely adopted and recognized for its effectiveness, is expected to enhance the company’s market position and provide significant growth opportunities.

More about Grand Pharmaceutical Group Limited

Grand Pharmaceutical Group Limited operates in the pharmaceutical industry, focusing on innovative nuclear medicine products. The company emphasizes research and development, leveraging a global strategic plan for nuclear medicine to create a comprehensive ecosystem that integrates diagnosis and treatment across domestic and international markets.

Average Trading Volume: 31,403,985

Technical Sentiment Signal: Buy

Current Market Cap: HK$33.72B

For a thorough assessment of 0512 stock, go to TipRanks’ Stock Analysis page.

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