Summary by Moomoo AI
Conge Pharmaceuticals announced that its two independently developed innovative drugs CMS-D001 and CMS-D002 have recently received clinical trial approval from the National Drug Administration of China (NMPA). CMS-D001 is a highly selective TYK2 inhibitor intended for the treatment of immunoinflammatory diseases such as psoriasis, while CMS-D002 is a GnRH receptor antagonist that could be used in the future to treat diseases such as endometriosis. The two drugs will undergo Phase I clinical trials to assess their safety, tolerability, pharmacokinetics and efficacy. The approval of this clinical trial marks an important advance in the field of innovative drug development by Conch Pharmaceuticals, which is expected to provide better treatment options for patients with related diseases.