Fosun Pharma (600196.SH) announced that its subsidiary Shanghai Henlius Biotech, Inc. and its controlled entities (collectively referred to as "Henlius") recently received approval from the National Medical Products Administration for the clinical trial of HLX37 injection (a recombinant humanized anti-PD-L1 and anti-VEGF bispecific antibody injection) in treating patients with advanced/metastatic solid tumors. Henlius plans to initiate a Phase I clinical trial for HLX37 in China once conditions are met. HLX37 is a self-developed recombinant humanized anti-PD-L1 and anti-VEGF bispecific antibody by the group, intended for the treatment of advanced/metastatic solid tumors. Preclinical studies to date have demonstrated HLX37's ability to inhibit tumor growth with favorable safety profiles.
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