Sino Biopharm’s CLDN18.2 ADC Becomes First to Complete Phase III Enrollment

Tip Ranks
2026.02.08 22:38
portai
I'm PortAI, I can summarize articles.

Sino Biopharmaceutical’s subsidiary, LaNova Medicines, has completed Phase III enrollment for tecotabart vedotin (LM-302), the first CLDN18.2 ADC to reach this milestone. This trial targets advanced gastric and gastroesophageal junction adenocarcinoma. Early data shows promising response rates, and a Phase III first-line trial is planned in China. The company aims to enhance its oncology portfolio and global competitiveness, with regulatory support in China and the U.S. The current analyst rating for Sino Biopharmaceutical (HK:1177) is a Hold with a price target of HK$7.50.