Workflow
亚宝药业: 亚宝药业集团股份有限公司关于签订中药新药项目技术转让协议的公告

Transaction Overview - Company signed a technology transfer agreement with Shanxi Traditional Chinese Medicine Research Institute on August 4, 2025, for the acquisition of a new TCM drug "Chaiqin Ning Shen Granules" for RMB 22 million [1][2] - The transaction does not constitute a related party transaction and falls within the chairman's authorization [1][2] Counterparty Information - Shanxi Traditional Chinese Medicine Research Institute, established in 1957, is a leading TCM research institution in China, involved in medical, research, teaching, and industrial activities [1][2] Target Asset Details - The target asset includes the clinical trial approval notice and related patents for "Chaiqin Ning Shen Granules," which is classified as a TCM Class 1.1 drug [2][3] - The drug is indicated for insomnia with anxiety symptoms, showing significant improvement in related symptoms [2][3] Market Context - According to the 2025 China Sleep Health Survey, 48.5% of adults experience sleep disturbances, with a growing prevalence among older adults [2] - The insomnia medication market in China grew from RMB 9.84 billion in 2016 to RMB 11.7 billion in 2020, with projections of RMB 15.12 billion and RMB 21.19 billion by 2025 and 2030, respectively [2][3] Agreement Details - The agreement includes provisions for the transfer of clinical trial data, patents, and technical support from the counterparty to the company [3][4] - Payment is structured based on milestone achievements, totaling RMB 22 million, with specific amounts tied to the completion of clinical trials and regulatory approvals [5][6] Impact on Company - The acquisition of "Chaiqin Ning Shen Granules" is expected to enhance the company's TCM innovation pipeline, accelerate new product development, and improve competitive advantage [6][7] - The agreement is anticipated to have a long-term positive impact on the company's growth strategy, although short-term effects on financial performance are not expected [6][7]