Tianyu Pharma Gets Regulatory Nod for Diabetes Drug
Zhejiang Tianyu Pharmaceutical (SHE:300702) unit NuoDe Pharmaceutical obtained drug registration from China's medical products administrator for its canagliflozin tablets.The drug is indicated for adults with type two diabetes in combination with metformin or sulfonylureas, according to a Wednesday filing with the Shenzhen bourse.Shares of the pharmaceutical company closed 1% higher Wednesday.