Microchip Biotech: Approval Notice for Clinical Trial of Sitagliptin and Metformin Extended-Release Tablets

People’s Financial News, March 16 — Microchip Biotech (688321) announced on March 16 that the company and its wholly owned subsidiary, Chengdu Microchip Pharmaceutical Co., Ltd., recently received the “Drug Clinical Trial Approval Notice” issued by the National Medical Products Administration, approving the company’s product, Sitagliptin Sodium and Metformin Extended-Release Tablets, to conduct clinical trials. Sitagliptin Sodium and Metformin Extended-Release Tablets are a fixed-dose combination sustained-release formulation independently developed by the company, combining sitagliptin sodium and metformin to treat type 2 diabetes through different mechanisms, providing patients with better blood sugar control.

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