Shares of Kedi-B (02487) rose more than 5% in the afternoon. As of the time of publication, it was up 3.97% to HK$12.06, with a turnover of 11.6842 million Hong Kong dollars.
According to the Zhitong Finance APP, shares of Kedi-B (02487) rose more than 5% in the afternoon. As of the time of publication, it was up 3.97% to HK$12.06, with a turnover of 11.6842 million Hong Kong dollars.
In terms of news, Kedi released an announcement that the Phase III clinical trial results of its androgenetic alopecia treatment product CU-40102 (external finasteride spray) have been accepted and presented in the form of an electronic poster at the 8th Hair Congress of the Chinese Medical Association. It is reported that CU-40102 is the world's first and only approved external finasteride product for the treatment of androgenetic alopecia, as well as the first external finasteride product to have its New Drug Application accepted by the China National Medical Products Administration.
It is worth noting that Kedi recently announced that the application for the marketing authorization of CU-30101 (topical lidocaine and prilocaine cream) has been accepted by the National Medical Products Administration and is expected to have the fastest progress among similar products in the entire market. Fangzheng Securities pointed out that the compliance rate of current mustard plaster products is low, and it is expected that once approved, it will occupy a new blue ocean market for compliant topical mustard plaster; the company's short-term commercial drive is strong, with strong long-term research and development barriers, and there are multiple dimensions of exceeding expectations.