A high-profile June approval for a domestically-developed antibody-drug conjugate (ADC) has driven Chinese biotechs to flock to the segment, despite the high hurdles for newcomers. But these newcomer companies have not been deterred yet, hoping that reliance on foreign technologies will propel them to success.
Hong Kong-listed RemeGen Ltd. in June secured a conditional approval for its HER2-targeted ADC disitamab vedotin in China, which...
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