Qingdao FDA Thursday, December 27, 2018 0.00 Neutral

FDA Approves METFORMIN HYDROCHLORIDE — Qingdao BAHEAL Pharmaceutical Co. Ltd.

The FDA has approved Qingdao BAHEAL Pharmaceutical Co. Ltd.’s Metformin Hydrochloride Extended-Release Tablets, marking a significant regulatory approval for the manufacturer's generics portfolio. This greenlight will likely bolster the company’s market presence in the oral diabetes segment by providing an additional extensive-release product option to compete against branded and generic alternatives.

View original filing at SEC.gov →
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.

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