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[Tuoxin Pharmaceutical: Subsidiary safinamide mesylate API has been approved for marketing] On September 22, Tuoxin Pharmaceutical (301089.SZ) announced that the company's wholly-owned subsidiary Xinxiang Pharmaceutical's safinamide mesylate API has received the "Chemical API Marketing Application Approval Notice" issued by the State Food and Drug Administration. This drug is a MAO-B selective inhibitor and is used for patients with moderate to advanced Parkinson's disease. After approval, the company's product line will be expanded and the market competitiveness of APIs will be enhanced. However, sales performance is affected by multiple factors and there is a risk of not being as good as expected.
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