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Shandong Xinhua Pharmaceutical Gains Approval for Ibuprofen Suspension Drops

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Shandong Xinhua Pharmaceutical Gains Approval for Ibuprofen Suspension Drops

Confident Investing Starts Here:

The latest update is out from Shandong Xinhua Pharmaceutical Company Limited Class H ( (HK:0719) ).

Shandong Xinhua Pharmaceutical Company Limited has announced the receipt of a Drug Registration Certificate for its Ibuprofen Suspension Drops from the National Medical Products Administration. This approval allows the product to be marketed as an over-the-counter drug, potentially enhancing the company’s market presence in the pharmaceutical industry.

More about Shandong Xinhua Pharmaceutical Company Limited Class H

Shandong Xinhua Pharmaceutical Company Limited is a pharmaceutical company based in China, primarily engaged in the production and sale of pharmaceutical products. The company focuses on the development and distribution of over-the-counter drugs, with a particular emphasis on chemical pharmaceuticals.

Average Trading Volume: 4,104,058

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$9.7B

For a thorough assessment of 0719 stock, go to TipRanks’ Stock Analysis page.

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