Fosun Pharmaceutical Gets US FDA Approval for HLX99 Clinical Trials

MT Newswires Live

2025/02/11

Shanghai Fosun Pharmaceutical (SHA:600196, HKG:2196) received approval from the US Food and Drug Administration to conduct phase one clinical trials for HLX99.

The drug is used for the treatment of amyotrophic lateral sclerosis, according to a Monday filing with the Shanghai bourse.

Shares of the pharmaceutical company were down 1% in recent trade.

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