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ImmuneOnco’s Partner Receives FDA Clearance for Cancer Therapy Trial

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ImmuneOnco’s Partner Receives FDA Clearance for Cancer Therapy Trial

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The latest update is out from ImmuneOnco Biopharmaceuticals (Shanghai) Inc Class H ( (HK:1541) ).

ImmuneOnco Biopharmaceuticals has announced that its partner, Instil Bio, has received IND clearance from the U.S. FDA for IMM2510/AXN-2510, a bispecific antibody for solid tumors. This development paves the way for a Phase 1b/2 trial in the U.S. by the end of 2025, potentially enhancing the company’s market position in cancer therapies.

More about ImmuneOnco Biopharmaceuticals (Shanghai) Inc Class H

ImmuneOnco Biopharmaceuticals (Shanghai) Inc. is a biopharmaceutical company based in China, focusing on the development of innovative therapies for cancer treatment. The company is involved in the development of a PD-L1 and VEGF bispecific antibody, IMM2510/AXN-2510, aimed at treating multiple solid tumor cancers.

Average Trading Volume: 4,990,321

Technical Sentiment Signal: Buy

Current Market Cap: HK$9.34B

For detailed information about 1541 stock, go to TipRanks’ Stock Analysis page.

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