SSY Group Unit Enters Talks Over Dialysis Drug
SSY Group (HKG:2005) said its Shijiazhuang No. 4 Pharmaceutical unit is negotiating an exclusive license for peritoneal dialysis treatment OPT101, according to a Monday filing with the Hong Kong bourse.The firm signed a letter of intent with the drug's developer, Opterion Health, for a possible license covering China that would expire in 2038. The SSY Group unit will also receive priority over licenses covering Hong Kong, Taiwan, and Russia.A formal agreement is expected in the third quarter of 2026, SSY Group said.Shares of SSY gained over 1% in recent trade.