Group 1 - The company has received the clinical trial approval notice for the nasal congestion granules from the National Medical Products Administration [1] - The nasal congestion granules are indicated for the treatment of acute sinusitis and have shown good efficacy and safety in clinical applications [1][2] - The market for nasal medication is significant, with 26% of the adult population in China suffering from nasal inflammation or sinusitis, and the market demand for nasal medication is expected to grow [2] Group 2 - The sales revenue for nasal medication (traditional Chinese medicine) is projected to be 2.757 billion yuan in 2023 and 3.061 billion yuan in 2024, with the nasal congestion granules expected to generate sales of 409 million yuan in 2023 and 475 million yuan in 2024 [2] - There are several traditional Chinese medicine products approved for the treatment of acute sinusitis, including nasal congestion granules, with one approval number for the nasal congestion granules [3] - The company must complete clinical trials and submit a marketing authorization application to the National Medical Products Administration before the product can be marketed [4]

Core Viewpoint - Jianmin Group (600976.SH) has received the Clinical Trial Approval Notice for the nasal medication "Biyuan Tongqiao Granules" from the National Medical Products Administration, indicating a significant step in the development of this traditional Chinese medicine [1] Group 1 - The product "Biyuan Tongqiao Granules" is a traditional Chinese medicine that has already been marketed [1] - The primary function of the granules is to dispel wind and clear heat, as well as to promote lung function and open nasal passages [1] - The medication is indicated for acute nasal inflammation (acute sinusitis) associated with external pathogens affecting the lungs, with symptoms including pressure pain in the forehead or cheekbones, nasal congestion, and other related symptoms [1]

Core Viewpoint - The company, Jianmin Group, has received approval from the National Medical Products Administration for clinical trials of its nasal medication, indicating a significant step in the development of a treatment for acute sinusitis [1] Company Summary - Jianmin Group (stock code: 600976) announced on August 14 that it has obtained the "Drug Clinical Trial Approval Notice" for its product, Nasal Congestion Relief Granules [1] - The approved indication for this medication is acute sinusitis, which suggests potential market opportunities in addressing this common health issue [1]