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On December 29, Fosun Pharma issued an announcement stating that the holding subsidiary Jiangsu Wanbang Biochemical Pharmaceutical Group Co.
The new drug is an SGLT-2 inhibitor and is intended to be mainly used for the treatment of type II diabetes
As of this announcement, in the territory of China listed SGLT-2 inhibitors include AstraZeneca An Datang ®, Boehringer Ingelheim International Inc.