Humanwell Healthcare Group's (SHA:600079) subsidiary, Yichang Humanwell Pharmaceutical, will conduct clinical trials on esketamine hydrochloride injection after receiving the National Medical Products Administration's approval, according to a Shanghai Stock Exchange filing on Thursday.
The antidepressant will be tested as a treatment for depressed patients with acute suicidal ideation or behavior.
The pharmaceutical company invested around 3 million yuan into the research and development of the drug.