Wuhan Hiteck Biological Pharma Co LtdInvestee's ZM-02 ophthalmic injection receives clinical trial approval, advancing gene therapy pipeline.

Haitai Biological's investee company Zhongmou Medical has received clinical trial approval from the National Medical Products Administration for its independently developed ZM-02 ophthalmic injection, intended for the treatment of advanced retinitis pigmentosa. The drug is a Class 1 therapeutic biological product and represents a new-generation optogenetic gene therapy. It delivers a novel light-sensitive protein gene through a single intravitreal injection and can be broadly applied to both inherited and acquired retinal degenerative diseases. The drug previously obtained orphan drug designation from the U.S. FDA in October 2024. The company cautions that drug development involves high investment and high risk and will not affect near-term financial performance.
Wuhan Hiteck Biological Pharma Co LtdInvestee's ZM-02 ophthalmic injection receives clinical trial approval, advancing gene therapy pipeline.
Zhongmou Medical's ZM-02 ophthalmic injection gets clinical trial approval for retinitis pigmentosa.