China Resources Double-Crane Pharmaceutical's (SHA:600062) unit, Dongying Tiandong Pharmaceutical, has passed a Good Manufacturing Practices (GMP) inspection conducted by the Shandong Provincial Food and Drug Administration in China, according to a Shanghai Stock Exchange disclosure on Tuesday.
The inspection, which took place from Dec. 26 to Dec. 31, 2024, focused on the company's manufacturing plant that produces crucial raw drug materials, specifically heparin sodium and nadroparin calcium.
The company's shares rose 1% in recent trade.