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The latest announcement is out from Beijing Luzhu Biotechnology Co., Ltd. Class H ( (HK:2480) ).
Beijing Luzhu Biotechnology Co., Ltd. announced that its biologics license application for the recombinant herpes zoster vaccine LZ901 has been accepted by the National Medical Products Administration of China. This acceptance marks a significant step in the regulatory process, enabling the company to proceed with further evaluations and inspections required for commercialization. The successful progression of LZ901, which has met its phase III clinical trial objectives, could enhance Luzhu Biotechnology’s market positioning and offer a promising preventive solution for herpes zoster among adults aged 40 and above. However, the company cautions that there is no guarantee of successful development and marketing of LZ901.
More about Beijing Luzhu Biotechnology Co., Ltd. Class H
Beijing Luzhu Biotechnology Co., Ltd. is a joint stock company in the People’s Republic of China that specializes in the biotechnology industry. The company focuses on the development of biologics, with a primary emphasis on vaccines, including its core product, the recombinant herpes zoster vaccine LZ901.
YTD Price Performance: 5.45%
Average Trading Volume: 2,210
Technical Sentiment Consensus Rating: Hold
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