Grand Pharmaceutical Group Ltd. Announces Approval for Commercialization of Innovative Demodex Blepharitis Treatment by Macao ISAF of China
Reuters
May 25
Grand Pharmaceutical Group Ltd. Announces Approval for Commercialization of Innovative Demodex Blepharitis Treatment by Macao ISAF of China
Grand Pharmaceutical Group Ltd. has announced progress in its clinical trials and product development within the ophthalmic sector. The company's Phase III clinical study in China for GPN00153 (CBT-001), a new drug aimed at treating pterygium, has completed its initial patient enrollment and dosing as of March 2024, with plans to conclude all patient enrollment and dosing by June 2025. Additionally, GPN00884, a global innovative drug designed to delay the progression of myopia in children, has achieved its first patient enrollment in a Phase I clinical study conducted in China in June 2024. Grand Pharmaceutical Group is focused on enhancing its R&D pipeline, particularly in ophthalmology, and is committed to increasing investment in innovative products and technology to address unmet clinical needs. The company advises caution, as the approval and commercialization of these products remain subject to various uncertainties.
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