Luye Pharma (02186) has risen nearly 3%. As of press time, it has risen 2.84% to HKD 2.9, with a turnover of HKD 3.9259 million.
According to the Zhitong Finance and Economics APP, Luye Pharma (02186) has risen nearly 3%. As of press time, it has risen 2.84% to HKD 2.9, with a turnover of HKD 3.9259 million.
On the news front, Luye Pharma announced that its new pain relief product, Mimi Xin (Hydrocodone-Naloxone Sustained-Release Tablets, LY021702) in the analgesic field, has received approval for marketing from the China National Medical Products Administration on June 28, 2024 and is suitable for severe pain (cancer and non-cancer pain) in adults who need opioid analgesics to fully control it.
It is reported that Mimi Xin is currently the only domestically produced hydrocodone-naloxone sustained-release tablets approved for marketing in China, with high technological barriers. The company believes that Mimi Xin addresses current clinical needs and has good market potential in China. At the same time, this product can form a rich product combination with the company's anti-tumor products, and synergize with existing resources and advantages in the tumor field, accelerating the company's layout and development in this area.