Summary by Moomoo AI
FOUR RING PHARMACEUTICAL HOLDINGS GROUP LIMITED ANNOUNCED THAT THREE MANDON INSULIN SERIES PRODUCTS OF ITS NON-WHOLLY OWNED SUBSIDIARY HEICHENG BIOPHARMACEUTICAL CO., LTD., ARE ELIGIBLE FOR SELECTION IN THE NATIONAL PHARMACEUTICAL POOL PROCUREMENT (INSULIN SPECIFIC CONTINUATION) OF THE NATIONAL PHARMACEUTICAL ORGANIZATION JOINT PROCUREMENT OFFICE OF THE NATIONAL PHARMACEUTICAL ORGANIZATION. The three products, namely Mondon Insulin Injection, Monton Insulin 30 Injection and Monton Insulin 50 Injection, were approved by the National Drug Administration on 26 December 2023. This by-election will help Booze Bios increase its market share, accelerate product entry, and positively impact its brand impact and future development. Focusing on diabetes and complications, Wellcome Biologics has become a domestic industry chain biopharmaceutical company. Founded in 2001 and listed on the main board of the Hong Kong Stock Exchange Limited in 2010, Four Circle Pharmaceuticals is committed to becoming a leading pharmaceutical and biopharmaceutical company in China.