South Korean biotech Genexine (Kosdaq: 095700) saw its shares gain more than 9% to 13,850 won, after, along with partner KG Bio, it released interim results of the Phase III clinical trial of GX-E4 (efepoetin alfa), a candidate for chronic kidney disease (CKD)-induced anemia.
GX-EW’s non-inferiority results compared to Swiss pharma giant Roche’s (ROG: SIX) Mircera (methoxy polyethylene glycol-epoetin beta) were presented at the World Congress of Nephrology (WCN2023).
GX-E4 is a long-acting EPO formulation that dramatically increases the half-life of EPO in the body by utilizing hyFc, Genexine's proprietary long-acting platform technology.
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