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Hengrui Pharma Wins China Clinical Trial Nod For Two Weight Management Products

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Jiangsu Hengrui Pharmaceuticals (SHA:600276, HKG:1276) subsidiaries received clinical trial approval from China's National Medical Products Administration for two weight management tablets, HRS-1597 and SHR-1179, according to separate Tuesday filings with the Shanghai bourse.

Research and development investment for the HRS-1597 product so far reached 16.9 million yuan, while that for SHR-1179 is at 24.2 million yuan

The drug company's Hong Kong and Shanghai shares slipped 1% during Tuesday's morning session.

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