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SanBio’s AKUUGO Gains Approval for Launch, Eyes Global Expansion

SanBio’s AKUUGO Gains Approval for Launch, Eyes Global Expansion

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SanBio Co ( (JP:4592) ) just unveiled an announcement.

SanBio Co., Ltd. announced that the Subcommittee on Regenerative Medical Products and Biological Technologies has deemed the partial change proposal for AKUUGO acceptable, paving the way for its launch after NHI price listing. AKUUGO, the world’s first regenerative brain therapy, received conditional approval in Japan in 2024, and SanBio plans to expand its traumatic brain injury program to the U.S. market, aiming to become a leader in regenerative medicine.

The most recent analyst rating on (JP:4592) stock is a Sell with a Yen1010.00 price target. To see the full list of analyst forecasts on SanBio Co stock, see the JP:4592 Stock Forecast page.

More about SanBio Co

SanBio Co., Ltd. is a company in the regenerative medicine industry, focusing on developing innovative therapies for neurological conditions. Their primary product, AKUUGO, is a regenerative therapy for the brain, specifically targeting chronic motor paralysis due to traumatic brain injury.

Average Trading Volume: 2,506,191

Technical Sentiment Signal: Buy

Current Market Cap: Yen266.1B

Find detailed analytics on 4592 stock on TipRanks’ Stock Analysis page.

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