Yipinhong Pharmaceutical Co Ltd Class AClinical trial approval for its innovative drug APH03867 tablets, a positive regulatory milestone for its pipeline.

Guangzhou Yipinhong Pharmaceutical, a wholly owned subsidiary of Yipinhong, has received clinical trial approval from the National Medical Products Administration for its independently developed innovative drug APH03867 tablets, with plans to begin clinical trials soon. The drug is a novel oral, non-peptide small-molecule URAT1 inhibitor intended for the treatment of gout with hyperuricemia. It has not yet been marketed domestically or internationally and is registered as a Class 1 chemical drug. The company stated that this clinical trial approval will not have a material impact on its short-term financial position or operating results, but drug development involves high investment and high risk, and the progress and results of clinical trials remain uncertain. In the first quarter of 2026, Yipinhong reported revenue of 385 million yuan and net profit attributable to the parent company of 594 million yuan.
Yipinhong Pharmaceutical Co Ltd Class AClinical trial approval for its innovative drug APH03867 tablets, a positive regulatory milestone for its pipeline.