Chongqing Taiji Industry's subsidiary DSC158A has been approved to conduct clinical trials.
Taiji Group (600129.SH) announced that recently, its wholly-owned subsidiary, Taiji Group Fuling Pharmaceutical Factory Co., Ltd., received the "Notice of Approval for Drug Clinical Trial Batch" for DSC158A tablets from the National Medical Products Administration.
Chongqing Taiji Industry (600129.SH) announced that its wholly-owned subsidiary, Chongqing Taiji Industry Chongqing Fuling Pharmaceuticals Factory Co., Ltd., recently received a "Notice of Approval for Drug Clinical Trial" for the DSC158A tablet issued by the National Medical Products Administration.
It is reported that DSC158A tablet is a new generation of RNA polymerase inhibitor independently developed by the company, intended for the treatment of adult influenza A and B. Preclinical studies have shown that DSC158A tablet can effectively improve symptoms in model mice at lower doses, while also demonstrating good tolerance and a large safety window. DSC158A tablet is classified as an "innovative drug not yet marketed domestically or internationally," with a registration category of Class 1 chemical drugs. As of now, the company has invested approximately RMB 25.41 million (unaudited) in this project.
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