Gan & Lee Pharma Gets China Nod for Diabetes, Obesity Drug Trial

MT Newswires Live09-04

Gan & Lee Pharmaceuticals (SHA:603087) said its subsidiary received China's regulatory approval to start clinical trials for GZC8072 tablets.

The drug is a novel once-weekly oral GLP-1 therapy for type two diabetes, according to a Friday filing with the Shanghai bourse.

Shares of the pharmaceutical company fell 1% in recent trade.

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