Everest Medicines announced NMPA accepted VELSIPITY® (etrasimod) NDA for UC treatment. VELSIPITY®, a once-daily oral S1P receptor modulator, is effective for moderately to severely active UC. It was approved in Macau and Singapore, with mainland China potentially being the third approval. Everest aims to expand access to VELSIPITY® to benefit more UC patients in China, where the UC patient population is expected to double by 2030.