Shandong Xinhua Pharmaceutical (SHE:000756, HKG:0719) obtained drug registration from China's drug regulator for ambroxol hydrochloride and clenbuterol hydrochloride oral solution.
The drug treats cough, viscous sputum, expectoration difficulty and wheezing from bronchitis, emphysema and other respiratory diseases, according to a Tuesday filing with the Shenzhen bourse.
Shares of the pharmaceutical company were down 3% on the Shenzhen bourse and 1% on the Hong Kong bourse.