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The latest update is out from Simcere Pharmaceutical Group Limited ( (HK:2096) ).
Simcere Pharmaceutical Group Limited has received approval from China’s National Medical Products Administration to begin clinical trials for SIM0610, an independently developed bispecific antibody-drug conjugate targeting EGFR and cMET in patients with locally advanced or metastatic solid tumors. SIM0610 is designed to induce tumor cell apoptosis via intracellular release of a topoisomerase I inhibitor and to address drug resistance mechanisms, particularly resistance to EGFR tyrosine kinase inhibitors; preclinical data have shown significant anti-tumor activity across multiple tumor models, underscoring Simcere’s push to strengthen its oncology pipeline and competitive position in targeted cancer therapies.
The most recent analyst rating on (HK:2096) stock is a Buy with a HK$16.30 price target. To see the full list of analyst forecasts on Simcere Pharmaceutical Group Limited stock, see the HK:2096 Stock Forecast page.
More about Simcere Pharmaceutical Group Limited
Simcere Pharmaceutical Group Limited is an innovation- and R&D-driven pharmaceutical company that has established a State Key Laboratory of Neurology and Oncology Drug Development. It focuses on therapies in neuroscience, oncology, autoimmune diseases and anti-infective areas, and pursues forward-looking development in disease areas with significant future clinical needs, supported by in-house research and strategic partnerships with innovative companies and research institutes.
Average Trading Volume: 8,403,511
Technical Sentiment Signal: Buy
Current Market Cap: HK$34.03B
For detailed information about 2096 stock, go to TipRanks’ Stock Analysis page.