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ImmuneOnco Advances Lung Cancer Treatment with Phase III Trial Application

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ImmuneOnco Advances Lung Cancer Treatment with Phase III Trial Application

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ImmuneOnco Biopharmaceuticals (Shanghai) Inc Class H ( (HK:1541) ) has issued an update.

ImmuneOnco Biopharmaceuticals has announced the submission of a Phase III clinical trial application for IMM2510, targeting immunotherapy-resistant non-small cell lung cancer. The trial aims to verify the efficacy and safety of IMM2510, which has shown promising results in earlier studies, including a 35.3% objective response rate and a 76.5% disease control rate in patients with advanced squamous NSCLC. This development could enhance the company’s position in the oncology market by offering a potentially effective treatment option for lung cancer patients.

The most recent analyst rating on (HK:1541) stock is a Hold with a HK$13.00 price target. To see the full list of analyst forecasts on ImmuneOnco Biopharmaceuticals (Shanghai) Inc Class H stock, see the HK:1541 Stock Forecast page.

More about ImmuneOnco Biopharmaceuticals (Shanghai) Inc Class H

ImmuneOnco Biopharmaceuticals (Shanghai) Inc. is a biopharmaceutical company focused on developing innovative treatments for cancer. The company specializes in immunotherapy solutions, with a market focus on the Greater China region, including mainland China, Hong Kong, Macau, and Taiwan. It has a collaboration agreement with Axion Bio, Inc. for the development and commercialization of its products outside this region.

Average Trading Volume: 3,464,628

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$10.42B

See more insights into 1541 stock on TipRanks’ Stock Analysis page.

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