Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (Fosun Pharma, 600196) disclosed that its subsidiary, Jinzhou Avanc Pharmaceutical Co., Ltd., has recently received acceptance from the National Medical Products Administration for the drug registration application of Moxetomidate Hydrochloride Injection (ET-26). This Class 1 chemical medicine, recognized as a National Major Scientific and Technological Special Project for “Significant Drugs Development” in 2014, targets the induction and maintenance of anesthesia during short surgical procedures.
According to the announcement, Fosun Pharma’s cumulative research and development investment for this project stands at RMB 189.00 million (unaudited) as of January 2026. Market data indicates that drugs for similar uses recorded total sales of RMB 4,238.00 million in 2024. The acceptance of this application does not have a material impact on the group’s current financial results.