Frontier Biotechnologies (SHA:688221) will conduct a phase II clinical trial of the drug Aconin for additional indication after receiving the Chinese drug administration's approval, according to a Shanghai Stock Exchange disclosure on Saturday.
The drug will be tested as a treatment of incomplete immune reconstitution in HIV-1 infected patients who are receiving stable antiretroviral therapy and have achieved virological suppression, the biotechnology company said.
The company's shares closed more than 4% higher.