HUTCHMED Initiates Phase I Study Of Its Novel SHP2 Inhibitor HMPL-415 For Advanced Malignant Solid Tumors In China
Portfolio Pulse from Benzinga Newsdesk
HUTCHMED has initiated a Phase I study of its novel SHP2 inhibitor HMPL-415 for advanced malignant solid tumors in China. The study aims to evaluate the safety, tolerability, pharmacokinetics, and preliminary efficacy of HMPL-415 in patients with advanced solid tumors.
July 10, 2023 | 4:02 am
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HUTCHMED's initiation of a Phase I study for its novel SHP2 inhibitor HMPL-415 could potentially boost its stock as it indicates progress in the company's research and development efforts.
The initiation of a Phase I study is a significant step in drug development, indicating that the company has made progress in its research and development efforts. This could potentially boost investor confidence in the company, leading to a positive impact on its stock price.
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