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9926 — Akeso News Story

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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)

((donny.kwok@thomsonreuters.com))

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