Sichuan Kelun-Biotech Biopharmaceutical Gets NMPA's Nod Marketing Approval for Breast Cancer Drug; Share Up 5%

MT Newswires Live

2024-11-27

Sichuan Kelun-Biotech Biopharmaceutical (HKG:6990) said China's National Medical Products Administration (NMPA) gave a marketing authorization for its breast cancer drug, according to a Wednesday filing with the Hong Kong bourse.

The drug is designed for adults with advanced or metastatic triple-negative breast cancer (TNBC) that cannot be surgically removed. It targets TROP2 using the antibody-drug conjugate sacituzumab tirumotecan (sac-TMT, previously SKB264/MK-2870), intended for patients who have already undergone at least two systemic treatments, including one for advanced or metastatic.

The pharmaceutical company's stocks have increased by 5% in recent trading.

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