Luye Pharma's Anti-Depression Drug Gets IND Approval in China

MT Newswires Live11-11

China's national drug regulator approved Luye Pharma Group's (HKG:2186) Investigational New Drug application for its anti-depression drug LY03021, according to a Monday filing with the Hong Kong bourse.

The medication inhibits the norepinephrine transporter (NET), the dopamine transporter (DAT), and gamma-aminobutyric acid type A receptor-positive allosteric modulator (GABAAR PAM), controlling depression, according to the filing.

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