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Junshi Biosciences Gains Approval for New HCC Treatment

Story Highlights
  • Shanghai Junshi Biosciences received approval for toripalimab with bevacizumab for advanced HCC.
  • The approval enhances Junshi’s market position, offering a new treatment for prevalent liver cancer in China.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Junshi Biosciences Gains Approval for New HCC Treatment

Shanghai Junshi Biosciences Co., Ltd. Class H ( (HK:1877) ) has provided an announcement.

Shanghai Junshi Biosciences Co., Ltd. announced the approval of its supplemental new drug application for toripalimab in combination with bevacizumab for the first-line treatment of advanced hepatocellular carcinoma (HCC) in China. This approval, based on the successful HEPATORCH study, marks the 11th indication for toripalimab in China and highlights its efficacy in extending progression-free and overall survival rates for HCC patients. The approval strengthens Junshi Biosciences’ position in the oncology market and offers a promising treatment option for a significant health challenge in China, where liver cancer is prevalent.

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

Shanghai Junshi Biosciences Co., Ltd. is a Chinese pharmaceutical company specializing in the development and production of innovative drugs, particularly focusing on monoclonal antibodies. The company has a strong presence in the oncology sector, with its flagship product, toripalimab, being a leading anti-PD-1 monoclonal antibody in China.

YTD Price Performance: 31.61%

Average Trading Volume: 1,527,996

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$28.14B

For an in-depth examination of 1877 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

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