Hengrui Pharma Disclosed Saturday August 22, 2026 That China's Center for Drug Evaluation (CDE) Granted Implied License for HRS-4729 in Metabolic Dysfunction-Associated Fatty Liver Disease (MAFLD) and Hepatitis, Extending Hengrui's Cardiometabolic Pipeline Beyond Its Existing Ribupatide (GLP-1/GIP Dual Agonist Licensed Ex-China to Kailera Therapeutics, in Global Phase 3) Into the Growing MASH Commercial Category That Is Anchored Commercially by Madrigal Pharmaceuticals' Rezdiffra (Resmetirom, First MASH Drug Approved March 2024) and Novo Nordisk's Wegovy (Semaglutide 2.4 mg, First GLP-1 Receptor Agonist Approved for MASH in August 2025); The Hengrui CDE Implied License Provides Approval to Initiate Human Clinical Trials in China Under a Simplified Regulatory Pathway
Hengrui Pharma disclosed Saturday August 22, 2026 that China's Center for Drug Evaluation (CDE) granted implied license for HRS-4729 in metabolic dysfunction-associated fatty liver disease (MAFLD) and hepatitis. The CDE implied license is a Chinese regulatory instrument that provides approval to initiate human clinical trials in China under a simplified pathway (similar in function to a US Investigational New Drug application, though procedurally different). Kailera, which licensed the drug outside Greater China as KAI-4729, described it in its August 12, 2026 results as a once-weekly injectable GLP-1/GIP/glucagon receptor tri-agonist. The disclosure extends Hengrui's cardiometabolic pipeline beyond its existing ribupatide (once-weekly injectable GLP-1/GIP dual agonist licensed ex-China to Kailera Therapeutics and in the global Phase 3 KaiNETIC program) into the growing MASH commercial category. MASH commercial market context: the category is anchored by Madrigal Pharmaceuticals' Rezdiffra (resmetirom, a thyroid hormone receptor beta agonist and the first FDA-approved MASH drug, approved March 2024) and Novo Nordisk's Wegovy (semaglutide 2.4 mg received FDA accelerated approval for non-cirrhotic MASH with moderate-to-advanced fibrosis in August 2025). The Hengrui advance into MAFLD/hepatitis positions the company for a potential fourth cardiometabolic franchise beyond obesity, type 2 diabetes, and cardiovascular disease.