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Livzon Pharma Gains Clinical Trial Nod for Innovative Gastrointestinal Drug

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Livzon Pharma Gains Clinical Trial Nod for Innovative Gastrointestinal Drug

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Livzon Pharmaceutical Group ( (HK:1513) ) just unveiled an update.

Livzon Pharmaceutical Group Inc. has received clinical trial approval from the National Medical Products Administration for JP-1366, a new potassium-competitive acid blocker for injection. This approval allows the company to proceed with trials targeting peptic ulcer bleeding, further extending its research on JP-1366, which is already undergoing trials for reflux esophagitis. This step is expected to enhance Livzon’s industry positioning by expanding its portfolio of gastrointestinal treatments.

More about Livzon Pharmaceutical Group

Livzon Pharmaceutical Group Inc. operates in the pharmaceutical industry, focusing on the development and production of chemical drugs. The company is involved in creating innovative drug solutions, including injections and tablets, with a market focus on addressing gastrointestinal disorders.

YTD Price Performance: -4.35%

Average Trading Volume: 3,997

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $4.03B

For an in-depth examination of 1513 stock, go to TipRanks’ Stock Analysis page.

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