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Shanghai Junshi Biosciences’ New Drug Application for Roconkibart Injection Accepted

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Shanghai Junshi Biosciences’ New Drug Application for Roconkibart Injection Accepted

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The latest update is out from Shanghai Junshi Biosciences Co., Ltd. Class H ( (HK:1877) ).

Shanghai Junshi Biosciences Co., Ltd. announced the acceptance of its new drug application for Roconkibart Injection by the National Medical Products Administration. This drug, aimed at treating moderate to severe plaque psoriasis, has shown significant efficacy in clinical trials and represents a potential advancement in the treatment of autoimmune diseases, enhancing the company’s position in the pharmaceutical industry.

The most recent analyst rating on (HK:1877) stock is a Hold with a HK$34.70 price target. To see the full list of analyst forecasts on Shanghai Junshi Biosciences Co., Ltd. Class H stock, see the HK:1877 Stock Forecast page.

More about Shanghai Junshi Biosciences Co., Ltd. Class H

Shanghai Junshi Biosciences Co., Ltd. is a pharmaceutical company based in China, focusing on the development of innovative drugs. The company specializes in monoclonal antibodies and targets autoimmune diseases such as psoriasis, rheumatoid arthritis, and ankylosing spondylitis.

Average Trading Volume: 5,539,372

Technical Sentiment Signal: Buy

Current Market Cap: HK$36.37B

Find detailed analytics on 1877 stock on TipRanks’ Stock Analysis page.

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