Jiuyuan Gene Engineering's Weight-Loss Drug Jikeqin Nabs Marketing Approval in China

MT Newswires Live02-26

Hangzhou Jiuyuan Gene Engineering (HKG:2566) said Chinese regulators approved the marketing application of its weight-loss drug Jikeqin, according to a Hong Kong bourse filing Wednesday.

Shares of the firm were up 2% in morning trade Thursday.

The product is a biosimilar version of Novo Nordisk's semaglutide.

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