BrightGene Bio-Medical Technology (SHA:688166) received a drug registration certificate from China's National Medical Products Administration for tiotropium bromide and olodaterol inhalation spray, according to a Shanghai bourse filing on Saturday.
The Chinese pharmaceutical company's shares rose 3% at the close of Monday's trade.
The drug is used as a long-term maintenance treatment for patients with chronic obstructive pulmonary disease, including chronic bronchitis and emphysema.