RIBOLIFE-B (06938) announced that its self-developed RBD7022 injection has completed Phase III clinical trial registration by its partner Qilu Pharmaceutical Co., Ltd. The Phase III clinical trial is set to begin shortly. RBD7022 injection is a siRNA drug targeting PCSK9, an enzyme that plays a key role in regulating cholesterol levels in the body, particularly low-density lipoprotein (LDL) cholesterol, often referred to as "bad cholesterol" or LDL-C. It serves as a therapeutic option for managing hypercholesterolemia, aiming to reduce the risk of cardiovascular diseases associated with high cholesterol levels. In December 2023, the company granted Qilu Pharmaceutical exclusive rights for the development, production, and commercialization of RBD7022 injection in mainland China, Hong Kong, and Macau.