Yifan Pharmaceutical's Unit Gets Nod to Market Famotidine Injection

MT Newswires Live
2024-09-19

Yifan Pharmaceutical (SHE:002019) unit Hefei Yifan Biopharmaceutical secured a drug registration certificate from China's National Medical Products Administration for its famotidine injection, according to a Thursday filing on the Shenzhen Stock Exchange.

The drug is mainly used to treat upper gastrointestinal bleeding caused by peptic ulcer, and gastric and duodenal mucosal erosion.

The pharmaceutical company is allowed to market the drug until Sept. 9, 2029, the filing added.

Price (RMB): ¥10.31, Change: ¥+0.17, Percent Change: +1.68%

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