Summary by Moomoo AI
CHANT PHARMACEUTICAL-B (ANTHEM) PRESENTED THE FINAL RESULTS OF A PHASE II STUDY OF ITS FASN INHIBITOR ASC40 TO TREAT ACNE AT THE AMERICAN SOCIETY OF DERMATOLOGY (AAD) ANNUAL MEETING IN ST. DIEGO, USA IN MARCH 2024. The study was a randomized, double-blind, placebo-controlled, multicenter clinical trial to evaluate the efficacy and safety of ASC40 in patients with moderate to severe unusual acne. The results showed that 50 mg of ASC40 once daily over 12 weeks of treatment significantly improved acne symptoms and had good safety and no drug-related serious adverse events were observed. Song has obtained exclusive development, production and commercialization rights for ASC40 in Greater China and has launched a 3-phase clinical trial. The Board of Directors reminds investors that ASC40 can not yet be guaranteed to be successfully commercialized.