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SIHUAN PHARM HLDGS ADR - $SHPHY STOCK NEWS

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Sihuan Pharmaceutical Holdings Group has been selected as one of the first echelon of enterprises in China's Top 100 Pharmaceutical Innovative Enterprises in 2023. The selection was based on patent data and aims to explore innovation power in the industry.
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Sihuan Pharmaceutical Holdings Group Ltd's subsidiary, Xuanzhu Biopharmaceutical Co., Ltd., has received drug registration approval from the NMPA of China for Anaprozole Sodium Enteric-coated Tablet. It is the first drug approved for marketing by Xuanzhu Biopharm and is used for the treatment of duodenal ulcer. The tablet is the first and only PPI fully developed in China and has fast onset, stable therapeutic effect, and low risk of drug interactions. It is also expanding its indication for the treatment of adult reflux esophagitis. The approval is expected to bring more treatment options for patients and inject billions of dollars into the acid suppressant market.
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SIHUAN PHARM HLDGS ADR

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