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Simcere Pharmaceutical Group Limited ( (HK:2096) ) has provided an announcement.
Simcere Pharmaceutical Group Limited announced that its anti-tumor drug candidate, SIM0686, has received Clinical Trial Approval from China’s National Medical Products Administration. This FGFR2b Antibody-Drug Conjugate is intended for treating advanced malignant tumors such as gastric and lung cancer, marking a significant step in the company’s oncology research and development efforts.
More about Simcere Pharmaceutical Group Limited
Simcere Pharmaceutical Group Limited is an innovation and R&D-driven pharmaceutical company with a focus on oncology, nervous system, autoimmune, and anti-infection therapeutic areas. The company has established a ‘State Key Laboratory of Neurology and Oncology Drug Development’ and aims to address significant clinical needs through strategic partnerships and in-house R&D efforts.
YTD Price Performance: 6.62%
Average Trading Volume: 5,553,456
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$18.15B
For detailed information about 2096 stock, go to TipRanks’ Stock Analysis page.