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On July 1, Hengrui Pharmaceutical announced that the drug HR17031 injection has obtained the clinical trial qualification of the US FDA and is intended to be used for the treatment of type 2 diabetes
At present, two similar drugs have been approved by the FDA and the European Medicines Agency for the treatment of type 2 diabetes, namely Novo Nordisk’s Xultophy 100/3.
Up to now, Hengrui has invested approximately RMB 113.