Jiangsu Kanion Pharmaceutical Co., Ltd. controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
R&D expense recognition violation: annual report overstated by 10.5 million yuan, company warned
In May 2023, the Jiangsu Securities Regulatory Bureau determined that Kanion Pharmaceutical's recognition of R&D expenses in 2019 did not comply with accounting standards and overstated expenses by 10.5 million yuan, issuing warning letters to the company and its then chief financial officer and board secretary.