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Sino Biopharmaceutical’s Rotigotine Patch Gains Approval for Parkinson’s Treatment

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Sino Biopharmaceutical’s Rotigotine Patch Gains Approval for Parkinson’s Treatment

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Sino Biopharmaceutical ( (HK:1177) ) has shared an announcement.

Sino Biopharmaceutical Limited has announced the approval of its Rotigotine Patch by the National Medical Products Administration of China for the treatment of early idiopathic Parkinson’s disease. This approval signifies a major advancement in their transdermal patch offerings, expected to enhance patient compliance and symptom control, while solidifying the company’s position as a leader in neurological disorder treatments.

The most recent analyst rating on (HK:1177) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on Sino Biopharmaceutical stock, see the HK:1177 Stock Forecast page.

More about Sino Biopharmaceutical

Sino Biopharmaceutical Limited is a company involved in the pharmaceutical industry, focusing on the development and marketing of transdermal patch treatments for neurological disorders. Their primary products include treatments for diseases such as Parkinson’s and Alzheimer’s, leveraging a proprietary solvent-based transdermal patch platform.

Average Trading Volume: 103,324,666

Technical Sentiment Signal: Buy

Current Market Cap: HK$123.8B

Learn more about 1177 stock on TipRanks’ Stock Analysis page.

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