Shanghai Pharmaceuticals Gets Nod to Register Schizophrenia Drug

MT Newswires Live07-30

Chinese drug regulator National Medical Products Administration handed down a certificate to Shanghai Pharmaceuticals Holding (SHA:601607, HKG:2607) for the registration of its lurasidone hydrochloride tablets, according to the company's disclosure on the Shanghai Stock Exchange.

The pharmaceutical company is allowed to market the drug as a treatment for schizophrenia, the Tuesday disclosure added.

Shares of the company fell more than 1% in recent trade.

Price (HKD): $19.40, Change: $+0.09, Percent Change: +0.47%

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