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Ascentage Pharma’s Lisaftoclax Phase III Trial for HR-MDS Cleared by FDA and EMA

Story Highlights
  • Ascentage Pharma focuses on developing novel cancer therapies targeting apoptosis.
  • Lisaftoclax’s Phase III trial for HR-MDS is cleared by FDA and EMA, potentially addressing treatment gaps.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ascentage Pharma’s Lisaftoclax Phase III Trial for HR-MDS Cleared by FDA and EMA

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Ascentage Pharma Group International ( (HK:6855) ) has shared an announcement.

Ascentage Pharma has received clearance from the FDA and EMA to conduct a global Phase III trial of Lisaftoclax, a Bcl-2 inhibitor, in combination with azacitidine for treating higher-risk myelodysplastic syndrome (HR-MDS). This trial, known as GLORA-4, is significant as it is the only registrational Phase III study of a Bcl-2 inhibitor for HR-MDS globally, potentially addressing a major treatment gap and offering a new therapeutic option for patients with this challenging condition.

The most recent analyst rating on (HK:6855) stock is a Buy with a HK$40.00 price target. To see the full list of analyst forecasts on Ascentage Pharma Group International stock, see the HK:6855 Stock Forecast page.

More about Ascentage Pharma Group International

Ascentage Pharma Group International is a biopharmaceutical company focused on developing novel therapies for cancer, hepatitis B, and age-related diseases. The company specializes in creating small molecule therapeutics that target key pathways in cancer biology, with a particular emphasis on apoptosis, or programmed cell death, to treat malignancies.

Average Trading Volume: 5,628,945

Technical Sentiment Signal: Buy

Current Market Cap: HK$31.76B

See more data about 6855 stock on TipRanks’ Stock Analysis page.

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