Guangdong Taienkang Pharmaceutical (SHE:301263) said its Phase IIa clinical trial for CKBA Cream in treating papulopustular rosacea has completed enrollment of all 15 subjects, with positive preliminary data prompting early initiation of Phase IIb.
The trial showed significant inflammatory lesion reduction after eight weeks and no serious adverse reactions, according to a Monday filing with the Shenzhen bourse.
Shares of the drugmaker rose 1% in recent trade.
Country Garden (HKG:2007) engaged in negotiations with relevant organizations to seek settlements after reporting a net increase of about 1.9 billion yuan in defaulted debt within its consolidated group as of April 30, according to a Friday Hong Kong bourse filing.The increase included defaults arising from overdue principal or interest payments, litigation, non-performance, and cross-default triggers, the company said.Country Garden was newly involved in 11 litigation and arbitration cases with disputed amounts exceeding 50 million yuan each, totaling about 1.5 billion yuan, as of April 30.The developer also recorded three new enforcement actions totaling 1 million yuan during the period.
Adani Energy Solutions (NSE:ADANIENSOL, BOM:539254) has appointed Ashok Jagetiya as the chief financial officer and key managerial personnel of the company, with effect from May 31, according to a Saturday filing to the Indian stock exchanges.He takes over from Kunjal Mehta, who resigned from the role at the close of business hours on May 30, citing personal reasons
South Korea and Japan discussed the possibility of a military logistics support agreement during talks on the sidelines of the Shangri-La Dialogue in Singapore, Reuters reported Sunday.Defence Minister Ahn Gyu-back held the talks with his Japanese counterpart Shinjiro Koizumi. Both parties discussed carrying out a joint humanitarian search and rescue exercise this month, which would be the first time in about nine years, the report said.The agreement would allow South Korea and Japan to share military logistics and supplies, including fuel, food, and ammunition, during operations and emergencies, it said.Ahn said Seoul remains cautious about pursuing the agreement, stressing that public understanding and support in both countries would be needed before moving forward, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)