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SSY Group Wins China Approval for New Hypertension Combination Drug

Story Highlights
  • SSY Group secured Chinese regulatory approval for Perindopril Arginine and Amlodipine Besylate Tablets.
  • The new hypertension combination drug enhances SSY Group’s cardiovascular portfolio and chronic disease presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSY Group Wins China Approval for New Hypertension Combination Drug

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SSY Group ( (HK:2005) ) has provided an announcement.

SSY Group Limited has secured approval from China’s National Medical Products Administration for the production and registration of its Perindopril Arginine and Amlodipine Besylate Tablets (III), a type 4 chemical drug that has passed consistency evaluation. The newly approved compound preparation targets adult patients whose hypertension is not adequately controlled by single-drug therapy or who are already stabilized on a similar dual regimen, potentially strengthening SSY Group’s cardiovascular portfolio and supporting its positioning in China’s competitive prescription drug market by broadening its offerings in chronic disease management.

The most recent analyst rating on (HK:2005) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on SSY Group stock, see the HK:2005 Stock Forecast page.

More about SSY Group

SSY Group Limited is a pharmaceutical company engaged in the development, production and registration of chemical drugs, with a focus on treatments for conditions such as hypertension in the Chinese healthcare market.

YTD Price Performance: 1.06%

Average Trading Volume: 7,525,940

Technical Sentiment Signal: Sell

Current Market Cap: HK$8.44B

For an in-depth examination of 2005 stock, go to TipRanks’ Overview page.

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