China Medical System Gets Commercialization Rights for Anti-Gout Drug

MT Newswires Live

2024/12/03

China Medical System (HKG:0867) obtained commercialization rights for its ABP-671 treatment for gout and high uric acid levels, according to a Monday filing with the Hong Kong Exchange.

CMS and Atom Therapeutics signed a commercialization agreement to sell the anti-gout drug in mainland China, Hong Kong, and Macau for 10 years, exetndable for another 10 years, the filing said.

Shares jumped 2% during Tuesday's trading.

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