Nanjing Leads Biolabs (HKG:9887) said the US Food and Drug Administration has cleared its investigational new drug application for LBL-047, a bispecific fusion protein targeting BDCA2 and TACI, according to a Monday Hong Kong bourse filing.
The company said LBL-047 holds potential for treating autoimmune diseases, including systemic lupus erythematosus, dermatomyositis, IgA nephropathy, and Sjögren's syndrome.