Apeloa Pharmaceutical Co., Ltd. (000739.SZ) announced that its wholly-owned subsidiary, Zhejiang Apeloa Jiayuan Pharmaceutical Co., Ltd., recently received the Certificate of Suitability to the European Pharmacopoeia (CEP) for Venlafaxine Hydrochloride issued by the European Directorate for the Quality of Medicines & HealthCare (EDQM).
Venlafaxine Hydrochloride is a selective serotonin and norepinephrine reuptake inhibitor (SNRI) used to treat various types of depression (including depression with anxiety) and generalized anxiety disorder.
The approval of the CEP certificate for Venlafaxine Hydrochloride API demonstrates recognition of its quality by the regulated European market. This milestone confirms the product's eligibility to enter the EU and other markets that recognize CEP certification in API form, which will positively contribute to the company's further expansion into international markets.