Akeso climbs after China regulator nod for new lung cancer drug application
BUZZ-Akeso climbs after China regulator nod for new lung cancer drug application ** Shares of China-based drug developer Akeso Inc 9926.HK climb 3.5% to HK$105.7, on track for the biggest one-day pct gain since August 7
** Stock on course for eighth consecutive session of gains
** Akeso says China's National Medical Products Administration (NMPA) approves New Drug Application for its bi-specific immunotherapy drug Ivonescimab for first-line treatment of advanced squamous non-small cell lung cancer
** It marks Ivonescimab's third major approval - co
** YTD, stock down 6.6%, while Hang Seng Biotech Index .HSBIO up 10.7%
(Reporting by Donny Kwok)
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HK-listed Akeso drops most in nearly three months on discounted share sale
Brief: Akeso To Place 20 Million New Shares At HK$97.76 Per Share
Factbox: Major drugmakers turn to China for licensing deals