ImmuneOnco Biopharmaceuticals Receives Regulatory Nod to Begin Human Trials of IMM0306S

MT Newswires Live

03/09

ImmuneOnco Biopharmaceuticals (Shanghai) (HKG:1541) said it received Chinese regulatory approval to begin human trials of IMM0306S in systemic lupus erythematosus, according to a Hong Kong bourse filing Friday.

Shares of the pharmaceutical firm gained over 2% in late morning trade Monday.

The announcement came amid "unusual movements" in the company's stock price.

ImmuneOnco said outside the regulatory approval to begin human trials of IMM0306S, there were no undisclosed matters that would warrant an unusual movement in its stock's price.

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