Zhejiang Wolwo Bio-Pharmaceutical Co Ltd300357
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Clinical trial application accepted for stem cell injection, a positive regulatory milestone for a new drug candidate.

Wolwo Bio announced that the clinical trial application for the drug Human Umbilical Cord Mesenchymal Stem Cell Type II Injection, submitted by its indirectly controlled subsidiary Zhejiang Wolwo Stem Cell Technology, has been formally accepted by the National Medical Products Administration. The indication is for sepsis and/or septic shock. The drug is a Class 1 therapeutic biological product. Subsequent steps including review, clinical trials, and marketing authorization are required, and the outcome is uncertain.
Zhejiang Wolwo Bio-Pharmaceutical Co LtdClinical trial application accepted for stem cell injection, a positive regulatory milestone for a new drug candidate.
Subsidiary's clinical trial application accepted, directly advancing its drug development pipeline.