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United Laboratories’ Eye Drops Gain Approval, Boosting Ophthalmic Portfolio

Story Highlights
  • United Laboratories focuses on pharmaceutical products, especially ophthalmic treatments.
  • Approval of eye drops enhances United Laboratories’ market position in dry eye treatment.
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United Laboratories’ Eye Drops Gain Approval, Boosting Ophthalmic Portfolio

The United Laboratories International Holdings ( (HK:3933) ) has shared an update.

The United Laboratories International Holdings Limited has announced that its subsidiary, Zhuhai United Laboratories Co., Ltd, Zhongshan Branch, received approval from the China National Medical Products Administration for its Polyvinyl Alcohol Eye Drops. This product, designed to treat and alleviate symptoms of dry eye syndrome, enhances the company’s ophthalmic product pipeline and strengthens its market position in the field of dry eye treatment.

More about The United Laboratories International Holdings

The United Laboratories International Holdings Limited is a company incorporated in the Cayman Islands, focusing on the pharmaceutical industry. It specializes in the development and production of various medical products, with a particular emphasis on ophthalmic treatments.

YTD Price Performance: 28.16%

Average Trading Volume: 13,212

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.62B

For a thorough assessment of 3933 stock, go to TipRanks’ Stock Analysis page.

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