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Fosun Pharma Unit Gets China Clinical Trial Approval for Triglyceride Drug Candidate

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Shanghai Fosun Pharmaceutical (Group) (HKG:2196, SHA:600196) said subsidiary Fosun Pharmaceutical Industrial Development (Shenzhen) received China's National Medical Products Administration approval to conduct a clinical trial for FXR0906, a drug candidate for hypertriglyceridemia.

Fosun Pharma (Shenzhen) plans to start a Phase I clinical trial in mainland China after fulfilling relevant conditions, according to Wednesday Hong Kong bourse filing.

Shanghai Fosun Pharma's shares rose nearly 2% in recent trade.

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