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Changchun High-Tech Responds to Rumors About Research Ointment's Efficacy: Indications Must Strictly Follow Approval Documents; Market Launch Requires At Least 3 Years
In response to rumors circulating online that the research product GenSci141 ointment can enhance male potency, a reporter contacted Changchun High-tech Securities Department as an investor. Company personnel stated that all information should be based on official disclosures. The product has only been approved to conduct the clinical trials mentioned in previous announcements, and indications must be strictly followed according to the approval documents. GenSci141 is a Class 2.2 modified new drug currently in the transition phase from preclinical to clinical stages. Based on the development cycle, even with smooth progress, it will take at least three years from clinical trials to final approval for market launch. The complete cycle for new drugs is usually around 7-8 years. Although modified new drugs have a relatively mature review pathway, the overall R&D cycle shows limited difference compared to Class 1 innovative drugs. (Cailian Press)