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flag Everest Medicines' ulcerative colitis drug VELSIPITY gets nod from China’s drug regulator.

flag Everest Medicines, a Hong Kong-based biopharmaceutical company, has announced that its New Drug Application for VELSIPITY (etrasimod) has been accepted by China's National Medical Products Administration. flag VELSIPITY, an oral treatment for moderately to severely active ulcerative colitis, is the company's third commercialized product. flag Already approved in Macau and Singapore, the drug's acceptance in China could significantly benefit the estimated one million UC patients expected by 2030.

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