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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 that its drug toripalimab has received regular approval from the National Medical Products Administration for the treatment of unresectable or metastatic melanoma after the failure of standard systemic therapy. This approval follows successful clinical trials demonstrating the drug’s efficacy and safety. Toripalimab, the first domestic anti-PD-1 monoclonal antibody approved in China, has shown significant clinical benefits, such as prolonged progression-free survival in patients, compared to dacarbazine. This milestone enhances Junshi Biosciences’ position in the market for cancer therapeutics and underscores its commitment to drug innovation.
More about Shanghai Junshi Biosciences Co., Ltd. Class H
Shanghai Junshi Biosciences Co., Ltd. is a company based in China that operates within the biopharmaceutical industry. It specializes in the development and marketing of innovative drugs, with a focus on anti-PD-1 monoclonal antibodies, such as toripalimab, which is used in the treatment of various types of cancer.
YTD Price Performance: -4.49%
Average Trading Volume: 1,545,583
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$24.1B
See more data about 1877 stock on TipRanks’ Stock Analysis page.
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