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Stock impact report

EXCLUSIVE: Scienture Secures Hypertension Drug Purchase Agreements With 2,500 Healthcare Institutions [Yahoo! Finance]

Scienture Holdings, Inc. (SCNX) 
Company Research Source: Yahoo! Finance
organization (GPO) agreements for its new drug, Arbli (losartan potassium) Oral Suspension, 10 mg/mL The agreements will provide the company access to more than 2,500 healthcare institutions across the U.S., including hospitals, clinics, and long-term care facilities. The company stated that the deal represents a significant step for them as they seek to penetrate an estimated 20% of the U.S. institutional market with their novel liquid formulation of a widely prescribed hypertension medication. Also Read: Medicare Beneficiaries To See Slight Premium Decline Next Year Two weeks ago, Scienture formalized a commercial Pharmacy Benefit Manager (PBM)- led Group Purchasing Organization (GPO) rebate agreement, advancing the process of securing formulary access with health plans that cover more than 100 million lives. Arbli is FDA-approved for the treatment of hypertension in patients greater than six years old, for reducing the risk of stroke in patients with hypertension and left Show less Read more
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