{"id":16692,"date":"2023-07-03T13:07:00","date_gmt":"2023-07-03T05:07:00","guid":{"rendered":"https:\/\/flcube.com\/?p=16692"},"modified":"2024-12-04T13:12:45","modified_gmt":"2024-12-04T05:12:45","slug":"hybio-pharmaceuticals-liraglutide-biosimilar-withdrawn-from-nmpa-filing","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=16692","title":{"rendered":"Hybio Pharmaceutical&#8217;s Liraglutide Biosimilar Withdrawn from NMPA Filing"},"content":{"rendered":"\n<p>China-based Hybio Pharmaceutical Co., Ltd (<a href=\"https:\/\/www.google.com\/finance\/quote\/300199:SHE\">SHE: 300199<\/a>) has announced that the National Medical Products Administration (NMPA) has approved its application to withdraw the market filing for its biosimilar version of Novo Nordisk\u2019s (<a href=\"https:\/\/www.google.com\/finance\/quote\/NVO:NYSE\">NYSE: NVO<\/a>) Victoza (liraglutide). This decision comes as part of a strategic adjustment in response to policy and regulatory changes in the pharmaceutical market.<\/p>\n\n\n\n<p><strong>Understanding Liraglutide and Its Role in Diabetes Treatment<\/strong><br>Liraglutide, a glucagon-like peptide-1 (GLP-1) receptor agonist, is a significant drug in the treatment of diabetes. It promotes insulin secretion in a blood glucose-dependent manner, protects pancreatic islet \u03b2 cells, delays gastric emptying, and decreases appetite, making it an effective therapy for managing blood sugar levels.<\/p>\n\n\n\n<p><strong>Hybio&#8217;s Filing History and Strategic Adjustment<\/strong><br>Hybio Pharma initially filed its product under Category 2.2 with the NMPA in July 2022. However, due to adjustments in policy and regulation, the company decided to withdraw its application. Moving forward, Hybio Pharma will base its filing strategy on the evolving market situation to ensure alignment with the latest regulatory frameworks.<a href=\"https:\/\/flcube.com\">-Fineline Info &amp; Tech<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China-based Hybio Pharmaceutical Co., Ltd (SHE: 300199) has announced that the National Medical Products Administration&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,11],"tags":[39,287,148,860,1106],"class_list":["post-16692","post","type-post","status-publish","format-standard","hentry","category-company","category-drug","tag-diabetes","tag-hybio-pharmaceutical","tag-novo-nordisk","tag-nyse-nvo","tag-she-300199"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hybio Pharmaceutical&#039;s Liraglutide Biosimilar Withdrawn from NMPA Filing - Insight, China&#039;s Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"China-based Hybio Pharmaceutical Co., Ltd (SHE: 300199) has announced that the National Medical Products Administration (NMPA) has approved its application to withdraw the market filing for its biosimilar version of Novo Nordisk\u2019s (NYSE: NVO) Victoza (liraglutide). 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