Summary by Moomoo AI
Wing Cheong Biopharmaceuticals (Yantai) Co., Ltd. announced that its drug Taixip (trade name: Tai E®) has received rapid channel approval from the U.S. Food and Drug Administration (FDA) for the treatment of primary dry syndrome (PSs). This recognition helps speed up the development and review process of drugs to meet the unmet medical needs of serious or life-threatening diseases. TATSIP RECEIVED FDA APPROVAL FOR A PHASE III CLINICAL TRIAL OF THE NEW DRUG AT THE END OF 2023. In addition, Tetsupip was fully listed in China in November 2023 for the treatment of systemic lupus erythematosus (SLE) and is undergoing Phase II or Phase III clinical trials for several autoimmune diseases. THE COMPANY REMINDS SHAREHOLDERS AND POTENTIAL INVESTORS TO EXERCISE CAUTION WHEN BUYING AND SELLING THE COMPANY'S SHARES, AS IT CANNOT ENSURE THAT IT CAN ULTIMATELY BE SOLD SUCCESSFULLY.