
Sino Biopharm’s Oral Psoriasis Drug TQH3906 Delivers Biologic-Like Efficacy in Phase II Trial

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Sino Biopharmaceutical reported positive Phase II trial results for its oral psoriasis drug TQH3906, showing high efficacy and favorable safety. The drug demonstrated PASI 75 response rates above 90% and PASI 90 rates above 70% at 12 weeks, comparable to biologics and superior to current oral treatments in China. The company plans to expand its use to other autoimmune and skin-related conditions. Analysts rate the stock as Hold with a HK$7.00 price target.
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