Jacobio Pharmaceuticals Group Co., Ltd. (HK:1167) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Jacobio Pharmaceuticals has announced that its KRAS G12C inhibitor, Glecirasib, has received orphan drug designation from the European Medicines Agency for treating pancreatic cancer. This designation follows similar recognitions in the U.S. and China, as the drug shows promise in clinical trials with a notable overall response rate and disease control rate in patients with advanced pancreatic cancer. Investors may find this development significant as Jacobio continues its research and development in targeting major signaling pathways.
For further insights into HK:1167 stock, check out TipRanks’ Stock Analysis page.