Shineco gains as heart diagnostic test gets China nod

Shineco

10/07/2023 15:54

** Shares of producer and distributor of Chinese herbal
medicines Shineco Inc  SISI.O  rise 37% to 43 cents
    ** Co reports its unit received marketing and distribution
nod for diagnostic test from China's health regulatory body 
    ** 'Cardiac 5-Minute Test' is a combination test of three
major cardiac markers, which helps in the diagnosis of a type of
heart attack known as acute myocardial infarction - Co
    ** Co says following approval of National Medical Products
Administration (NMPA), its test becomes the only product in the
Chinese market to complete the detection process for cardiac
markers within 5 minutes 
    ** Including session's gain, stock down 81.9% YTD


 (Reporting by Pratik Jain in Bengaluru)
 ((Pratik.Jain@thomsonreuters.com;))