Stock Track | 3SBIO Soars 6.00% at Market Open on Positive ASCO Clinical Data and Pfizer Licensing Deal

Stock Track

06/01

3SBIO's stock price soared 6.00% at market open on Monday, driven by positive clinical data presentations and a major licensing agreement.

The biopharmaceutical company presented impressive clinical data for its core pipeline asset SSGJ-707, a PD-1/VEGF bispecific antibody, at the ASCO Annual Meeting. In a Phase II study for advanced non-small cell lung cancer, SSGJ-707 monotherapy demonstrated a confirmed objective response rate of 67.6% with median progression-free survival of 12.4 months. For first-line endometrial cancer in combination with chemotherapy, confirmed response rates reached 85.7% and 80.0%, respectively.

Additionally, 3SBIO recently signed an exclusive licensing agreement with Pfizer for SSGJ-707 worth up to approximately $6.05 billion, including a $1.25 billion upfront payment, validating the asset's global commercial potential. The broader biotechnology sector also showed strength, providing additional positive momentum for 3SBIO's shares.

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The broader biotechnology sector also showed strength, providing additional positive momentum for 3SBIO's shares.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01530","symbol_name":"三生製藥","start_time":0,"source_url":"","article_id":"1168285835","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1168285835","pubTimestamp":1780277839,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"3SBIO's stock price soared 6.00% at market open on Monday, driven by positive clinical data presentations and a major licensing agreement.The biopharmaceutical company presented impressive clinical...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01530":"三生制药"},"translate_title":"个股追踪|ASCO临床数据利好及辉瑞授权交易三生制药开盘大涨6.00%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01530":1},"content_text":"3SBIO's stock price soared 6.00% at market open on Monday, driven by positive clinical data presentations and a major licensing agreement.The biopharmaceutical company presented impressive clinical data for its core pipeline asset SSGJ-707, a PD-1/VEGF bispecific antibody, at the ASCO Annual Meeting. 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