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FINWIRES

Jiangsu Kanion Pharmaceutical Gets Greenlight for Rheumatoid Arthritis Drug Trial

-- Jiangsu Kanion Pharmaceutical (SHA:600557) obtained China's regulatory approval to start phase three clinical trials for Qingshen Tongluo granules.

The traditional medicine is indicated for rheumatoid arthritis, according to a filing with the Shanghai bourse.

Shares of the pharmaceutical company closed 1% lower Monday.

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