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Hengrui Medicine's oncology drug, HRS-2329, advances; executive adjusts holdings

September 30, 2025 at 05:27 PM UTCBy FilingReader AI

Jiangsu Hengrui Medicine and its subsidiary, Suzhou CADIYA Biopharmaceuticals, have received NMPA acceptance for the marketing authorization application of their innovative drug, a fixed-dose combination of Camrelizumab for injection and Famitinib malate capsules. This combination is intended for the first-line treatment of recurrent or metastatic cervical cancer. A Phase III clinical trial, which met its primary endpoints in July 2025, supported the application, demonstrating superior event-free survival and overall survival compared to platinum-based chemotherapy.

Separately, Jiangsu Hengrui Medicine also announced the completion of a share reduction plan by director and senior vice president Sun Jieping. Mr. Sun reduced his holdings by 237,040 shares, or 0.004% of the company's total share capital, through centralized bidding between July 9 and September 25, 2025. The shares were sold at prices ranging from RMB 57.01 to RMB 73.95, totaling RMB 15,633,183.67.

Additionally, the company received clinical trial approval for HRS-2329 tablets, an innovative anti-tumor drug, for patients with advanced solid tumors carrying RAS mutations or amplification. The company has invested approximately RMB 60.15m in this project. Separately, 10,000 A-shares were repurchased on September 30, 2025, at RMB 69.45 per share, totaling RMB 694,500, to be held in treasury for an employee stock ownership plan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600276Shanghai Stock Exchange
Shanghai Blue Chip

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