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FINWIRES

Luye Pharma Enrolls First Patient in Phase 2 China Trial of Alzheimer's Psychosis Drug

-- Luye Pharma (HKG:2186) said it enrolled the first patient in a Phase 2 clinical trial in China for its investigational drug LY03017, according to a Wednesday Hong Kong bourse filing.

Shares of the pharma company fell over 2% in late-morning trade Thursday.

The drug is being tested for the treatment of psychosis associated with Alzheimer's disease.

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