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Anke Biotechnology Obtains European Certificate for Octreotide API

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Anhui Anke Biotechnology (Group) (SHE:300009) subsidiary Shanghai Suhao Yiming Pharmaceutical received a European Pharmacopoeia certificate of suitability (CEP) for its octreotide active pharmaceutical ingredient, according to an after-hours filing on Monday with the Shenzhen Stock Exchange.

Octreotide is used as a growth hormone inhibitor in the emergency treatment of acromegaly. It is also used to treat esophageal-gastric variceal bleeding associated with liver cirrhosis, Anke said in its filing.

Shares rose 1% during afternoon trading on Tuesday.

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