SinoMab BioScience Ltd. said China’s National Medical Products Administration has approved its Investigational New Drug $(IND)$ application for SM17 to treat inflammatory bowel disease, including Crohn’s disease and ulcerative colitis. The company said it has completed follow-up visits for a Phase I bridging study in healthy volunteers evaluating subcutaneous administration of SM17 and plans to use the data to support further clinical development, including preparation for Phase II studies.
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