Essex Bio-Technology ( (HK:1061) ) has shared an update.
Essex Bio-Technology Limited announced that its phase 3 clinical study for the co-developed product HLX04-O, in collaboration with Shanghai Henlius Biotech, Inc., has successfully met its primary endpoint. The study, conducted on Chinese patients with wet-AMD, demonstrated that HLX04-O is non-inferior to ranibizumab in improving visual acuity and has a comparable safety profile. This achievement marks a significant milestone in the company’s efforts to advance its ophthalmic drug offerings and strengthens its position in the bio-pharmaceutical market.
More about Essex Bio-Technology
Essex Bio-Technology Limited is a company incorporated in the Cayman Islands, focusing on the bio-pharmaceutical industry. The company specializes in developing recombinant anti-vascular endothelial growth factor humanized monoclonal antibodies for treating exudative (wet) age-related macular degeneration.
YTD Price Performance: 54.76%
Average Trading Volume: 917,950
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.21B
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