Yiming Enko-B (01541) opened nearly 15% higher. As of press release, it rose 14.98% to HK$5.68, with a turnover of HK$0.2033 million.
The Zhitong Finance App learned that Yiming Onko-B (01541) was nearly 15% higher. As of press release, it had risen 14.98% to HK$5.68, with a turnover of HK$0.2033 million.
According to the news, Yiming Angke recently announced that according to the licensing and cooperation agreement with SYNBIOTX, a wholly-owned subsidiary of Instil Bio (TIL.US), relating to IMM2510 and IMM27M, the company has collected recent payments of 5 million US dollars from SynbioTX, and has collected a total of 15 million US dollars in payments. The company expects to collect no more than $35 million of remaining potential payments in the future. Notably, Instil Bio (TIL.US) has accumulated a cumulative increase of nearly 5 times in the past five trading days.
The Zhitong Finance App pointed out in “The Harvest of the Differentiated Innovation Pipeline Is Imminent, Now May Be the Best Opportunity to Buy Yiming Angko-B (01541)” that Kangfang Biotech's Ivorian and K Pharmacol published early analysis data, bringing more room for imagination to the future of PD-1/VEGF dual antibodies in the field of tumor immunotherapy. At the beginning of August, IMM2510 (VEGFXPD-L1 mAB-Trap) and IMM27M (CTLA-4, ADCC+), and SynbioTX Inc., a wholly-owned subsidiary of Instil Bio, Inc., reached a BD cooperation totaling more than 2 billion US dollars.