Jiangxi Synergy Pharmaceutical (SHE:300636) said it received a drug registration certificate from South Korea's Ministry of Food and Drug Safety (MFDS) for its empagliflozin active pharmaceutical ingredient (API), used in treating type 2 diabetes, according to a Wednesday filing with the Shenzhen Bourse.
This approval grants the company market access in South Korea, supporting its international expansion. The certification was issued on Feb. 18.