tiprankstipranks
Trending News
More News >

United Laboratories’ Liraglutide Injection Gains NMPA Approval

Story Highlights
  • United Laboratories focuses on innovative drugs and biosimilars in the GLP-1 segment.
  • Zhuhai United Bio-Pharmaceutical’s Liraglutide Injection approved by NMPA for diabetes treatment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
United Laboratories’ Liraglutide Injection Gains NMPA Approval

Confident Investing Starts Here:

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

The United Laboratories International Holdings Limited announced that its subsidiary, Zhuhai United Bio-Pharmaceutical Co., Ltd, received approval from China’s National Medical Products Administration for its Liraglutide Injection, designed for blood glucose control in type 2 diabetes patients. This approval, part of a broader strategy to enhance manufacturing efficiency and product quality, positions the company as a leader in the biopharmaceutical industry, ensuring a stable market supply and benefiting a wide patient population.

More about The United Laboratories International Holdings

The United Laboratories International Holdings Limited is a biopharmaceutical company incorporated in the Cayman Islands. It focuses on developing innovative drugs and biosimilars, particularly targeting the GLP-1 segment, which enhances its market competitiveness in the biopharmaceutical field.

YTD Price Performance: 28.16%

Average Trading Volume: 13,212

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.62B

See more data about 3933 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1