China's drug regulator granted priority review approval to Jiangsu Hengrui Medicine (SHA:600276, HKG:1276) subsidiary Suzhou Shengdiya Biopharmaceutical's trastuzumab injectable, according to a Wednesday filing with the Shanghai bourse.
The drug is indicated for Human Epidermal Growth Factor Receptor 2-positive colorectal cancer patients who have not obtained relief from previous treatments.
China previously approved the drug for the non-small cell lung cancer indication.
Shares rose 1% in Hong Kong during Wednesday afternoon trading.