On June 23, CARsgen Therapeutics (02171.HK) fell 7.49% in regular trading to HKD 15.51/share, with turnover of HKD 172 million.
On the news front, the company announced on June 22 that China's NMPA approved its self-developed Claudin18.2 autologous humanized CAR-T product Satri-Cel (舒瑞基奥仑赛注射液, brand name: Kailimei) for new drug marketing, marking the world's first CAR-T cell therapy approved for solid tumor treatment. The product is indicated for Claudin18.2-positive, HER2-negative advanced gastric/gastroesophageal junction adenocarcinoma patients who have failed at least two prior systemic therapies. The company's chairman stated this achievement represents a breakthrough from zero to one in translating original lab innovations into clinical applications after nearly a decade of research.
Despite the landmark regulatory milestone, the stock experienced notable selling pressure, suggesting the approval had been widely anticipated and largely priced in ahead of the official announcement.
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