Chongqing Pharscin Pharmaceutical (SHE:002907) renewed its drug manufacturing license and received a renewed license from the Chongqing Medical Products Administration, according to a Shenzhen bourse filing on Wednesday.
The amendment included the extension of Youhua Pharmaceutical Technology's commissioned manufacturing period of montelukast sodium granules to March 2, 2026.
The drug is used for the prevention and treatment of asthma in children 1 years old and older, as well as treating allergic rhinitis in children aged 2 to 5 years old.
The renewed license is valid until June 29, 2030.
The Chinese pharmaceutical company's shares slipped over 1% during the morning trade.
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