Jiangsu Hengrui Medicine (SHA:600276, HKG:1276) subsidiaries Suzhou Shengdiya and Shanghai Shengdi received approval from China's medical products regulator to begin clinical trials for three drugs.
SHR-1826 targets solid tumors, adebelimab is indicated for extensive-stage small-cell lung cancer and bevacizumab is a VEGF-targeting monoclonal antibody, according to a filing with the Shanghai bourse.
Shanghai shares of the pharmaceutical company rose 2% in recent trade.