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Shanghai Henlius Biotech Advances Phase 3 Trial for Cancer Treatment

Story Highlights
  • Shanghai Henlius Biotech focuses on developing innovative monoclonal antibodies for cancer treatment.
  • The company received approval for a phase 3 trial of HLX22 in Germany, enhancing its market positioning.
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Shanghai Henlius Biotech Advances Phase 3 Trial for Cancer Treatment

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An announcement from Shanghai Henlius Biotech, Inc. Class H ( (HK:2696) ) is now available.

Shanghai Henlius Biotech, Inc. has received approval in Germany for an international multi-center phase 3 clinical trial of its HLX22 monoclonal antibody in combination with other therapies for the treatment of HER2-positive gastroesophageal junction and gastric cancer. This development marks a significant step in the company’s efforts to expand its clinical trials across multiple regions, potentially enhancing its market positioning and offering new treatment options for patients with these types of cancer.

More about Shanghai Henlius Biotech, Inc. Class H

Shanghai Henlius Biotech, Inc. operates in the biotechnology industry, focusing on the development of innovative monoclonal antibodies for the treatment of various cancers, including gastric and breast cancer. The company is known for its self-developed products such as HLX22, which targets HER2-positive cancers.

YTD Price Performance: 59.70%

Average Trading Volume: 1,632,407

Technical Sentiment Signal: Sell

Current Market Cap: HK$20.57B

Learn more about 2696 stock on TipRanks’ Stock Analysis page.

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