Stock Track | SKB BIO Soars 5.22% Intraday on Positive Phase III Trial Results and Regulatory Approval

Stock Track

05/21

SKB BIO's stock surged 5.22% during intraday trading on Thursday, driven by positive clinical developments and regulatory progress.

The rally was fueled by Merck's announcement that sacituzumab tirumotecan (sac-TMT), a TROP2 antibody-drug conjugate licensed from SKB BIO, successfully met both overall survival and progression-free survival co-primary endpoints in the global Phase III TroFuse-005 trial for advanced or recurrent endometrial cancer. This marks the first Phase III ADC trial to demonstrate dual improvement in this indication, positioning sac-TMT as a potential backbone therapy.

Additionally, the company's PD-1×VEGF bispecific antibody SKB118 received Investigational New Drug (IND) approval from China's National Medical Products Administration for advanced solid tumors, further strengthening its pipeline momentum.

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