Sihuan Pharmaceutical (HKG:0460) unit Huisheng Biopharmaceutical's new drug application for its semaglutide injection was accepted by China's National Medical Product Administration, a Friday filing with the Hong Kong bourse said.
The acceptance is for the drug to improve glycemic control in adult patients with type 2 diabetes mellitus.
The semaglutide injection for weight loss indication has also completed phase III clinical enrollment and is currently in the follow-up stage.