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RemeGen’s RC148 Receives Breakthrough Therapy Designation for Lung Cancer Treatment

Story Highlights
  • RemeGen Co., Ltd. focuses on innovative drug development for life-threatening diseases.
  • RC148 received Breakthrough Therapy Designation, expediting its development for NSCLC treatment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RemeGen’s RC148 Receives Breakthrough Therapy Designation for Lung Cancer Treatment

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RemeGen Co. Ltd. Class H ( (HK:9995) ) has shared an announcement.

RemeGen Co., Ltd. announced that its novel bispecific antibody, RC148, has been granted Breakthrough Therapy Designation by the China National Medical Products Administration for the treatment of non-small cell lung cancer (NSCLC). This designation, based on promising Phase I/II clinical study results, will expedite the development and potential market approval of RC148, highlighting its significant clinical value and offering a new treatment option for patients with advanced NSCLC who have failed prior therapies.

The most recent analyst rating on (HK:9995) stock is a Buy with a HK$19.59 price target. To see the full list of analyst forecasts on RemeGen Co. Ltd. Class H stock, see the HK:9995 Stock Forecast page.

More about RemeGen Co. Ltd. Class H

RemeGen Co., Ltd. is a biopharmaceutical company based in the People’s Republic of China, focusing on the development of innovative drugs for the treatment of life-threatening diseases. The company is known for its work in creating novel antibody-based therapies, particularly in the oncology sector.

Average Trading Volume: 12,019,673

Technical Sentiment Signal: Buy

Current Market Cap: HK$45.46B

See more data about 9995 stock on TipRanks’ Stock Analysis page.

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