Hangzhou Bio-Sincerity Pharma-Tech Co.,Ltd. (301096.SZ) announced that the company has recently received notification that its independently developed innovative drug BIOS-0623-Z4 tablets has obtained clinical trial approval from the National Medical Products Administration (NMPA). BIOS-0623-Z4 tablets is an independently developed non-opioid targeted mechanism drug for adult cancer pain treatment. Currently, no drug with the same target and indication is available on the market. BIOS-0623-Z4 tablets is classified as an "innovative drug not marketed domestically or internationally," with a registration classification of chemical drug category 1.
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