Jiangsu Hengrui Medicine's (SHA:600276) unit, Guangdong Hengrui Medicine, will conduct clinical trials on its SHR-1819 injection after obtaining the approval of China's National Medical Products Administration, according to a Shanghai Stock Exchange disclosure on Tuesday.
The pharmaceutical company will carry out phase Ib and phase II trials on the drug as a treatment for atopic dermatitis in children and adolescents aged six to 17 years old.
The company's shares jumped less than 3% in recent trade.
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