INNOCARE Surges Over 7% in Early Trading as Tafasitamab Receives First Prescriptions Nationwide

Deep News
Sep 30

INNOCARE (09969) saw its share price climb 7.18% in early trading, reaching HK$18.97 with trading volume of HK$135 million.

According to INNOCARE's official announcement, the company recently declared that its CD19-targeting monoclonal antibody Monjuvi® (tafasitamab) has received its first batch of prescriptions at hospitals across multiple provinces and cities nationwide, including Beijing, Shanghai, Guangdong, Heilongjiang, Fujian, Shandong, Guangxi, Anhui, Jiangxi, Hubei, and Zhejiang. This milestone marks the innovative drug's official entry into clinical application in China.

The company noted that tafasitamab is the world's first and only approved CD19 monoclonal antibody for lymphoma treatment, and China's first approved CD19 monoclonal antibody for treating relapsed/refractory diffuse large B-cell lymphoma (R/R DLBCL). This breakthrough fills the domestic gap in CD19-targeted therapy and will provide DLBCL patients with enhanced treatment options.

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