China Pharma stock soars 115% on launch update for dry eye disease device

seekingalpha2023-11-30

China Pharma Holdings (NYSE:CPHI) stock soared 115% in morning trading Wednesday after the Chinese-American company said it is preparing to apply to launch its therapeutic device for dry eye disease ...

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China Pharma said in a statement that the product has finished third-party testing, with the company now preparing to apply to China's National Medical Products Administration for market clearance. According to the company, approximately 344 million people suffer from dry eye disease worldwide, including around 80 million in China. China Holdings hopes to launch the product in China during the first half of 2024.  More on China Pharma  Financial information for China Pharma","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CPHI":"惠普森医药","BK4007":"制药"},"translate_title":"干眼症设备上市更新后，中国制药股价飙升115%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CPHI":1},"content_text":"China Pharma Holdings (NYSE:CPHI) stock soared 115% in morning trading Wednesday after the Chinese-American company said it is preparing to apply to launch its therapeutic device for dry eye disease in China. 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More on China Pharma  Financial information for China Pharma","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2387533904"}