Gan & Lee Pharmaceuticals Gets China Approval for GLR1075 Clinical Trial; Shares Up 3%

MT Newswires Live09-21 14:16

Gan & Lee Pharmaceuticals (SHA:603087) obtained the approval of China's medical products regulator to conduct clinical trials for its GLR1075 injection.

The drug is intended to treat hypoalbuminemia in cirrhotic ascites, according to a weekend filing with the Shanghai bourse.

Shares of the pharmaceutical company rose 3% in recent trade.

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