Apeloa Pharmaceutical (000739.SZ) announced that recently, the company's wholly-owned subsidiary Zhejiang Apeloa Jiayuan Pharmaceutical Co., Ltd.
According to Zhito Finance APP, Apeloa Pharmaceutical (000739.SZ) announced that recently, its wholly-owned subsidiary Zhejiang Apeloa Jiayuan Pharmaceutical Co., Ltd. ("Jiayuan Pharmaceutical") received the approval notice issued by the National Medical Products Administration ("NMPA") for the marketing application of venlafaxine hydrochloride active pharmaceutical ingredient.
It is reported that venlafaxine is a norepinephrine and serotonin reuptake inhibitor, primarily used in clinical practice to treat various types of depression and generalized anxiety disorder, especially suitable for depression accompanied by anxiety.
The approval of the marketing of venlafaxine hydrochloride active pharmaceutical ingredient marks that the company has obtained the sales qualification in the domestic market, broadening the company's product pipeline in the field of anti-depressant treatment, which helps further expand the company's active pharmaceutical ingredient business and advance the global strategy for refining the active pharmaceutical ingredient business development, having certain positive significance for the company's future development.