Shandong Boan Biotechnology's Cancer Drug Candidate Gets IND Acceptance; Shares Down 5%

MT Newswires Live

07/08

Shandong Boan Biotechnology Co (HKG:6955) said its investigational new drug application for BA1203 has been accepted by China's Center for Drug Evaluation of the National Medical Products Administration.

Shares of the biotechnology company fell 5% in recent trade.

BA1203 is an immuno-oncology therapy candidate developed to treat multiple solid tumors, according to a Hong Kong bourse filing on Wednesday.

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