Jointown Pharmaceutical Group (SHA:600998), through its unit Beijing Jingfeng Pharmaceutical Group, obtained a drug registration certificate from China's National Medical Products Administration for betamethasone sodium phosphate injection, according to a Shanghai bourse disclosure on Thursday.
The drug is used to treat allergic and autoimmune inflammatory diseases, such as rheumatoid arthritis, severe bronchial asthma, and severe dermatitis.
The certificate is valid until May 26, 2030, the pharmaceutical company said.