Gyre Therapeutics (GYRE) announced that the Center for Drug Evaluation of China’s National Medical Products Administration, or NMPA, has granted priority review status to the New Drug Application for Hydronidone as a treatment for chronic hepatitis B-induced liver fibrosis, which is liver damage resulting from the infection of the hepatitis B virus. Gyre, through its majority-owned subsidiary, Gyre Pharmaceuticals Co., plans to submit a formal NDA in the near future.
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