Core Viewpoint - Hubei Jichuan Pharmaceutical Co., Ltd. announced that its wholly-owned subsidiary, Jichuan Pharmaceutical Group Co., Ltd., has received a drug registration certificate for Polyethylene Glycol (3350) Electrolyte Powder from the National Medical Products Administration, which is expected to enhance the company's product line and positively impact future development [1][4]. Drug Registration Certificate Details - The drug is named Polyethylene Glycol (3350) Electrolyte Powder, with active ingredients including polyethylene glycol 3350, sodium chloride, sodium bicarbonate, and potassium chloride [1][2]. - The product is classified as a prescription drug and is available in two specifications: 6.9g/bag and 13.9g/bag, with a packaging specification of 20 bags/box [1][2]. - The drug is approved for the treatment of chronic constipation and fecal impaction, leveraging the osmotic effect of polyethylene glycol in the intestines [2][3]. Market Context and Financial Implications - As of the announcement date, five other companies in China have also received approval for the production of Polyethylene Glycol (3350) Electrolyte Powder, which indicates a competitive market landscape [3]. - The product developed by Jichuan is chocolate-flavored, aimed at improving palatability [3]. - According to data from the China Medical Information Network, the sales revenue of Polyethylene Glycol Electrolyte in urban public hospitals in China is projected to be 838.2 million yuan in 2024 [3].

Group 1 - The core point of the article is that Jichuan Pharmaceutical's subsidiary has received a drug registration certificate for Compound Polyethylene Glycol (3350) Electrolyte Powder, which is intended for the treatment of chronic constipation and fecal impaction [1] - The product is chocolate-flavored and is one of the five companies in China that have passed the consistency evaluation for this drug [1] - According to data from Minai Network, the sales revenue for Compound Polyethylene Glycol Electrolyte in urban public hospitals and retail pharmacies in China is projected to be 838 million yuan and 8 million yuan respectively in 2024 [1] Group 2 - The approval of the drug registration certificate is expected to have a positive impact on the company's future development [1] - However, the market development cycle for the drug's launch may take time and is subject to uncertainties influenced by pharmaceutical industry policies and procurement bidding [1]