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On April 6, Hengrui Medicine issued an announcement stating that its subsidiary Chengdu Shengdi had recently received the "Drug Registration Certificate" for mycophenolate sodium enteric-coated tablets approved and issued by the State Food and Drug Administration.
Mycophenolate Sodium is a hypoxanthine monophosphate dehydrogenase (IMPDH) inhibitor.
Mycophenolate sodium enteric-coated tablets were developed by Novartis under the trade name Myfortic.
Upon inquiry, the global sales of mycophenolic acid tablets in 2019 was approximately US$499.