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SSY Group’s Felodipine Gains Approval in China

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SSY Group’s Felodipine Gains Approval in China

SSY Group ( (HK:2005) ) just unveiled an update.

SSY Group Limited announced that its Felodipine drug has received approval from the National Medical Products Administration of China for market preparations, marking a significant step in its product development. This approval is expected to enhance the company’s market position in the pharmaceutical industry, particularly in China, and could have positive implications for shareholders and investors.

More about SSY Group

SSY Group Limited operates in the pharmaceutical industry, focusing on the development and production of drugs. The company is involved in the creation of medications such as Felodipine, which is used for treating conditions like hypertension and stable angina. The company is active in the Chinese market, participating in national procurement processes.

YTD Price Performance: -11.63%

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.13B

See more insights into 2005 stock on TipRanks’ Stock Analysis page.

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