Sino Biopharmaceutical (HKG:1177) said Chinese regulators approved a mid-stage study of LM-24C5 for the potential treament of tumors, according to a Hong Kong bourse filing Thursday.
The medicine is being developed by the company's LaNova Medicines unit.
The company will study the drug in combination with other medicines in a phase 2 clinical trial in subjects with CEACAM5-positive advanced solid tumors.