CANSINOBIO Shares Surge on Moderna Positive Phase III mRNA Cancer Vaccine Trial Results
I'm LongbridgeAI, I can summarize articles.CANSINOBIO shares surged over 50% following positive Phase III trial results for Moderna's mRNA cancer vaccine. CLSA attributes the rally to Moderna's success, which validates the platform and benefits CANSINOBIO due to its similar technological pathway. While Moderna's stock jumped 177%, CANSINOBIO's projects remain in earlier stages, with one in IIT and another awaiting pre-clinical approval.
CANSINOBIO (06185.HK) +9.660 (+41.388%) Short selling $45.44M; Ratio 4.740% shares surged by more than 50% in the half-day session. In a report, CLSA said the sharp share price movement was mainly driven by positive Phase III clinical trial results for Moderna (MRNA.US) 's mRNA cancer vaccine. Moderna's INTerpath-001 Phase III study, involving 1,137 high-risk melanoma patients, showed that its personalized mRNA cancer vaccine intismeran autogene combined with pembrolizumab achieved the primary and secondary endpoints of recurrence-free survival (RFS) and distant metastasis-free survival (DMFS), with no new safety signals identified. Moderna shares surged 177%. This marks the first positive Phase III clinical result for an mRNA cancer vaccine or individualized neoantigen therapy.
CLSA noted that as Moderna is conducting clinical studies using the same platform for lung cancer, kidney cancer and bladder cancer, the success represents a platform-level valuation re-rating. CANSINOBIO is positioned along the same technological pathway. Its rhabdomyosarcoma project is currently in the investigator-initiated trial (IIT) stage, while its glioma project is still awaiting pre-clinical approval. The group's development pathway and antigen design are broadly similar to Moderna's, with the main difference being its three-component lipid nanoparticle (LNP) system, which is safer than traditional formulations and may support a stronger cellular immune response. (ad/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-20 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
