Shandong WIT Dyne Health's (SHE:000915) unit, Shandong Dayin Marine Biopharmaceutical, received a drug registration certificate from the Chinese drug administration for the drug simethicone emulsion, according to a Shenzhen Stock Exchange filing on Friday.
The drug is used to treat discomfort caused by excessive gas accumulation in the gastrointestinal tract. It can also be an auxiliary drug for abdominal imaging examinations and as an additive for contrast agent suspension for double contrast display.
The certificate is valid until Nov. 14, 2029, the Chinese pharmaceutical company said.
The company's shares closed more than 4% lower.
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