PegBio Wins China Approval for PB-119 Vepinetide Injection###

Reuters03-23

PegBio Wins China Approval for PB-119 Vepinetide Injection###

Pegbio said its PB-119 product received marketing approval from China’s National Medical Products Administration in November 2025, enabling a shift from development to commercialization planning.
The company expects PB-119 to begin commercial sales in 1H 2026, positioning it to become Pegbio’s first revenue-generating product.
Pegbio is pursuing a partnership-based commercialization approach in mainland China after a prior marketing collaboration for PB-119 was terminated in June 2025.
The company reported no revenue from PB-119 as of the announcement date and ended 2025 with CNY 467.5 million in cash and cash equivalents to support launch execution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pegbio Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260323-12062683), on March 23, 2026, and is solely responsible for the information contained therein.

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