HK Stock Movement | AKESO (09926) Rises Over 6% Again as Ivonescimab Labeling Receives Major Update Including AK112-301 Study Results

Stock News01-07

AKESO (09926) surged more than 6% again. At the time of writing, the stock was up 6.15% to HK$127.8, with a turnover of HK$789 million. On the news front, AKESO announced that the National Medical Products Administration has approved a significant update to the prescribing information for its self-developed, first-in-class PD-1/VEGF bispecific antibody, Ivonescimab (brand name: Yidafang). The update incorporates the final analysis data from the AK112-301/HARMONi-A study, which demonstrated statistically significant and clinically meaningful dual benefits in both progression-free survival (PFS) and overall survival (OS) for the Ivonescimab combination therapy in treating locally advanced or metastatic non-squamous non-small cell lung cancer (nsq-NSCLC) that progressed after EGFR-TKI therapy. The core significance of this update lies in the fact that the HARMONi-A study is the world's first Phase III clinical trial of an immunotherapy in the EGFR-TKI resistant nsq-NSCLC treatment field to achieve clinically meaningful and statistically significant benefits on both co-primary endpoints of PFS and OS. It is also the first randomized, double-blind Phase III trial to achieve dual positive results for both PFS and OS, once again validating the breakthrough clinical value of Ivonescimab as the world's first bispecific antibody combining tumor immunotherapy and anti-angiogenesis mechanisms.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment