
HOB Biotech Shanghai Subsidiary Enrolls First Patient in Clinical Trial for Anti-Allergy Product

I'm PortAI, I can summarize articles.
HOB Biotech's Shanghai subsidiary has enrolled its first patient in a phase 3 clinical trial for its MM09 sublingual desensitization spray targeting allergies from house dust mites. The company has also secured import permits for the drug in Hong Kong and Macao for cat and dog hair allergens. Following this news, shares rose by 1% in late afternoon trading on Wednesday.

