3 stories mentioning SHA:600420Updated 1d ago
Every FINWIRES story that references SHA:600420, newest first.
China's drug regulator approved Shanghai Shyndec Pharmaceutical's (SHA:600420) tafluprost eye drops, according to a Tuesday filing with the Shanghai boures.The drops help lower intraocular pressure in patients with open-angle glaucoma and ocular hypertension.
Shanghai Shyndec Pharmaceutical (SHA:600420) received a drug registration certificate from China's National Medical Products Administration for ibrutinib capsules, according to a Shanghai bourse filing on Friday.The drug is used to treat cancers such as lymphoma and Waldenström Macroglobulinemia.The pharmaceutical company invested 15.6 million yuan into the drug's research and development.
Shanghai Shyndec Pharmaceutical (SHA:600420) forecasts attributable profit to fall 59% to 65% year over year to between 126 million yuan and 148 million yuan in the first quarter, according to a Saturday filing with the Shanghai bourse.The decline is attributable to a rise in protectionism in India and the U.S, domestic antibiotic overcapacity, and declining demand from key customers, among others, the filing said.Shares slid 6% during afternoon trading on Monday.
