Insilico Medicine's stock surged 5.14% during intraday trading on Wednesday, following positive regulatory news regarding its drug development pipeline.
The significant price movement comes after the company announced that it received Investigational New Drug (IND) approval from China's Center for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA) for Rentosertib inhalation solution. The therapy is intended for the treatment of idiopathic pulmonary fibrosis (IPF) in adults.
This regulatory clearance enables Insilico Medicine to proceed with a Phase I clinical study to assess the safety, tolerability, and pharmacokinetics of the inhaled formulation, with approximately 80 subjects planned. Rentosertib had previously received orphan drug designation from the U.S. FDA for IPF in February 2023 and was added to China's breakthrough therapy designation list in May 2025.
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