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CSPC Pharmaceutical Gains Approval for New Diabetes Drug
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CSPC Pharmaceutical Gains Approval for New Diabetes Drug

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CSPC Pharmaceutical Group ( (HK:1093) ) has shared an announcement.

CSPC Pharmaceutical Group has received marketing approval from China’s National Medical Products Administration for its new chemical drug, Prusogliptin Tablets, branded as Shanzeping. This drug is designed to improve glycemic control in adults with type 2 diabetes by enhancing insulin secretion and lowering blood glucose levels, offering a new treatment option and enriching the company’s product portfolio in metabolism.

More about CSPC Pharmaceutical Group

CSPC Pharmaceutical Group is a Hong Kong-based company operating in the pharmaceutical industry. It specializes in the development and production of pharmaceutical products, focusing on innovative drugs and healthcare solutions.

YTD Price Performance: -5.76%

Average Trading Volume: 7,366

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.52B

For detailed information about 1093 stock, go to TipRanks’ Stock Analysis page.

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