Federal Pharmaceutical (03933) announced that on February 2, 2026, its wholly-owned subsidiary, Federal Biotech (Zhuhai Hengqin) Co., Ltd., obtained implied clinical trial approval from China's National Medical Products Administration for its self-developed Class 1 innovative drug, UBT251 injection, for the treatment of moderate to severe obstructive sleep apnea (OSA) comorbid with obesity, with the application acceptance number CXHL2501306. UBT251 injection is a multi-target polypeptide receptor agonist independently developed by Federal Biotech, which works by activating the glucagon-like peptide-1 (GLP-1) receptor, glucose-dependent insulinotropic polypeptide (GIP) receptor, and glucagon (GCG) receptor to lower blood sugar and inhibit weight gain. Weight-loss drugs represented by the GLP-1 class are expected to address the significant unmet clinical needs in the OSA treatment field. Furthermore, clinical Phase II studies for UBT251 injection's indications of overweight or obesity, type 2 diabetes, metabolic dysfunction-associated steatohepatitis, and chronic kidney disease have already been initiated in China. As China's first chemically synthesized new drug targeting the GLP-1/GIP/GCG triple receptors, UBT251 solidifies the company's prominent position in this class of drug research. Moving forward, the company will remain committed to the research and development of new products, with a strategic focus on enhancing its competitiveness and innovation within the biopharmaceutical industry, which is anticipated to generate greater returns for the company and its shareholders.
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