The UK Medicines and Healthcare products Regulatory Agency (MHRA) has approved the medicine sugemalimab (trade name Eqjubi) to treat adult patients with a type of cancer called non-small cell lung cancer (NSCLC ).
The new marketing authorization was granted to China-based CStone Pharmaceuticals (HKEX: 2616), whose shares gained 5.9% to HK$2.15 on the news. Sugemalimab was first approved in China under the trade name Cejemly in June 2022.
Dr Jason Yang, chief executive, president of R&D and executive director at CStone, said, “This approval is a significant milestone in our global expansion strategy. Sugemalimab is the first domestic anti-PD-L1 antibody to receive approval outside of China and has already entered the world’s second-largest pharmaceutical market, the EU. Now, with the UK approval, sugemalimab continued to expand its presence in the European market. The long-term survival data, recently presented at this year’s ESMO Congress, further confirmed sugemalimab’s value in the frontline treatment landscape for metastatic NSCLC.”
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