SINO BIOPHARM's stock price surged 5.00% during intraday trading on Tuesday, driven by positive clinical development news.
The company announced the completion of patient enrollment for a Phase III clinical trial of its investigational drug TQB2102, a HER2-targeting bispecific antibody-drug conjugate (ADC) for HER2-low recurrent or metastatic breast cancer. This milestone represents significant progress in the drug's development pathway.
Previous Phase Ib clinical results presented at the 2025 American Society of Clinical Oncology annual meeting showed promising efficacy, with an objective response rate of 53.4% in heavily pre-treated patients. The drug's innovative design aims to enhance tumor selectivity and therapeutic effectiveness while managing safety concerns.