Shandong Buchang Pharmaceuticals' (SHA:603858) subsidiary, Shanghai Hepu Medical Devices, obtained a renewed medical device business license after updating its addresses, according to a Shanghai bourse filing on Thursday.
Shanghai's Xuhui District Market Supervision Administration handed over the renewed license to the company.
The registered address was changed to Rooms 201A, 201B, Building 8 & 12, Lane 1420 Zhongshan West Road, Xuhui District, Shanghai from Room C09, C10, 3rd Floor, Nos. 4936, 4938, 4940 XinFeng Road, Haiwan Tourism Area, Fengxian District, Shanghai.
The warehouse addresses in Fengxian District and Huangpu District were also specified in the renewed license.
Moreover, the company's business scope was updated, adding more devices under its Class III classification, such as sterile devices, implant materials and contact lenses.
The Chinese pharmaceutical company's shares fell 2% during the afternoon trade.