The United Laboratories International Holdings (HK:3933) has released an update.
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The United Laboratories International Holdings Limited has announced the successful completion of Phase Ia clinical trials for their new drug, UBT251 Injection, in China. The drug, a first-in-class long-acting triple agonist, demonstrated safety, tolerability, and linear pharmacokinetics when administered to healthy subjects. Furthermore, it showed promising results in reducing body weight compared to a placebo, positioning the company as a pioneer in the Chinese biopharmaceutical industry.
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