Health News Roundup: China gives conditional OK to its first self-developed Alzheimer's drug


Devdiscourse News Desk | Updated: 04-11-2019 10:32 IST | Created: 04-11-2019 10:28 IST
Health News Roundup: China gives conditional OK to its first self-developed Alzheimer's drug
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Following is a summary of current health news briefs.

China gives conditional OK to its first self-developed Alzheimer's drug

China has granted conditional approval to its first self-developed treatment for Alzheimer's disease, a move that may point to revived opportunities in a therapeutic area where drugmakers have burned billions of dollars without yielding a validated new drug. Oligomannate, which uses extract from marine brown algae as raw material, received a conditional green light to treat mild-to-moderate level AD, the National Medical Products Administration (NMPA) said in a statement on its website late on Saturday.

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(With inputs from agencies.)

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