Chinese Drug Administration Accepts Application of Centergate Technologies' Unit for Oxycodone Hydrochloride Tablets

MT Newswires Live
14 Mar

China's National Medical Products Administration accepted the application of Beijing Centergate Technologies Holding's (SHE:000931) subsidiary, Beijing Huasu Pharmaceutical, to market extended-release oxycodone hydrochloride tablets, according to a Shenzhen Stock Exchange disclosure on Thursday.

The drug is used for the treatment of severe pain that requires long-term, continuous use of opioids, and when substitution therapies are not adequate to relieve the pain, the Chinese biomedicine and healthcare company said.

The company's shares closed 2% higher.

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