Sino Biopharm Wins FDA IND Nod for Pan-KRAS Cancer Drug TQB3205

Tip Ranks
2026.04.08 23:37
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Sino Biopharmaceutical's subsidiary, Chia Tai Tianqing, has received FDA approval for TQB3205, an oral pan-KRAS inhibitor targeting advanced malignant tumors. This drug aims to address a wider range of KRAS mutations, which are linked to about 30% of cancers globally. The company is expanding its oncology portfolio, complementing its existing G12C inhibitor, Garsorasib. Analysts rate Sino Biopharmaceutical (HK:1177) as a Buy with a price target of HK$8.70. The company focuses on innovative drug development in oncology and other therapeutic areas, with a market cap of HK$113.2B.