Summary by Moomoo AI
Kingsmed Biopharma-B (stock code: 2511.HK) announced that the two phase III clinical registration trials of its self-developed HTD1801 for the treatment of type 2 diabetes have completed patient enrollment. These two trials, SYMPHONY-1 and SYMPHONY-2, aim to evaluate the effect of HTD1801 on glycated hemoglobin and glucose metabolism indicators of type 2 diabetes patients. HTD1801 is a new type of oral intestinal and hepatic anti-inflammatory and metabolic regulator. Currently, China has the largest number of type 2 diabetes patients in the world, and the development of HTD1801 is of great significance in meeting the unmet medical needs. Kingsmed Biopharma is a global biopharmaceutical company dedicated to developing multifunctional and multi-targeted therapies. HTD1801 has obtained the qualification of fast track and orphan drug from the US FDA, and the major new drug creation science and technology project in China. The company reminds shareholders and potential investors that there is still uncertainty in the successful development and launch of HTD1801, and caution is needed when investing.