Nanjing Leads Biolabs Co. Ltd. announced that its self-developed drug candidate LBL-047 has received Investigational New Drug $(IND)$ approval from the National Medical Products Administration (NMPA) of China. LBL-047 is notable for being the world's first bispecific fusion protein combining a humanized anti-BDCA2 antibody and an engineered TACI ectodomain to receive IND approval in both China and the United States. The approved clinical trial will be a double-blind, randomized, placebo-controlled study. There are currently no approved clinical trials globally targeting both plasmacytoid dendritic cells (pDCs) and B cells, positioning LBL-047 as a strong first and best-in-class candidate. The approval is specific to Nanjing Leads Biolabs Co. Ltd.
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