Jiangsu Hengrui Medicine (SHA:600276) subsidiary Guangdong Hengrui Medicine obtained China's administrator approval to conduct clinical trials for its SHR-2173 injection to treat immune thrombocytopenic purpura.
SHR-2173 targets abnormally activated immune cells and is expected to reduce the level of autoantibodies, according to a Thursday filing with the Shanghai bourse.
Shares of the pharmaceutical company were down 1% in recent trade.
Price (RMB): ¥48.11, Change: ¥-0.34, Percent Change: -0.70%
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