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2142 — HBM Holdings News Story

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HK-listed HBM climbs on initiating next phase of asthma drug study

BUZZ-HK-listed HBM climbs on initiating next phase of asthma drug study

** Shares of HBM Holdings 2142.HK climb 3.7% to HK$15.09

** Therapeutics developer says its partner Windward Bio AG reported positive Phase II interim results of the POLARIS-1 clinical trial of HBM9378/WIN378 in asthma, and Phase III study has also been initiated

** HBM9378/WIN378 is a novel fully human, ultra-long-acting monoclonal antibody with a unique binding mode to inhibit thymic stromal lymphopoietin

** YTD, stock up 24.6%, Hang Seng Biotech Index .HSBIO up 10.5%


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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