Henlius Wins EMA Panel Backing for Denosumab Biosimilar HLX14; Shares Gain 4%

MT Newswires Live

07/29

Shanghai Henlius Biotech (HKG:2696) said its denosumab biosimilar HLX14 has received a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use, supporting its approval for use across the EU, according to a Monday Hong Kong bourse filing.

Shares of the company rose nearly 4% in Tuesday's recent trade.

The biosimilar targets osteoporosis and bone complications from cancer.

Final approval from the European Commission is expected in two to three months, the filing said.

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