Friday 18 January 2019
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inquirer - 8 month ago

China firm gets lift with drug for ‘140 million impotent men’

A pharmaceutical firm claiming that 140 million men in China suffer from erectile dysfunction was given a massive stock market boost on Wednesday after winning approval to sell a Viagra-like drug in the country. Shares of Hebei Changshan Biochemical Pharmaceutical surged by its 10 percent daily limit at the Shenzhen exchange after regulators gave one of its subsidiaries in southern Jiangsu province approval to manufacture a generic version of the drug. In an attempt to explain the size of the market for t

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