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Shandong Xinhua’s Subsidiary Secures Drug Registration for Ursodeoxycholic Acid Capsules

Story Highlights
  • Shandong Xinhua Pharmaceutical focuses on prescription drugs in domestic and international markets.
  • Subsidiary gains drug registration for Ursodeoxycholic Acid Capsules, boosting market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shandong Xinhua’s Subsidiary Secures Drug Registration for Ursodeoxycholic Acid Capsules

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Shandong Xinhua Pharmaceutical Company Limited Class H ( (HK:0719) ) just unveiled an update.

Shandong Xinhua Pharmaceutical Company Limited announced that its wholly-owned subsidiary, Shandong Zibo Xincat Pharmaceutical Company Limited, has received a Drug Registration Certificate for its Ursodeoxycholic Acid Capsules from the National Medical Products Administration. This approval marks a significant step for the company in expanding its product offerings and strengthening its position in the pharmaceutical market, potentially impacting its operations and stakeholders positively.

More about Shandong Xinhua Pharmaceutical Company Limited Class H

Shandong Xinhua Pharmaceutical Company Limited operates in the pharmaceutical industry, focusing on the production and distribution of various pharmaceutical products. The company is known for its development of prescription drugs, with a market focus on both domestic and international markets.

Average Trading Volume: 8,154,323

Technical Sentiment Signal: Buy

Current Market Cap: HK$10.64B

Find detailed analytics on 0719 stock on TipRanks’ Stock Analysis page.

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