Zai Lab Reports Breakthrough Therapy Designation For Bemarituzumab In China

Zai Lab Limited (ZLAB) announced Breakthrough Therapy Designation has been granted in in China for investigational bemarituzumab in first-line treatment of patients with FGFR2b overexpressing and human epidermal growth factor receptor-negative metastatic and locally advanced gastric and GEJ cancers in combination with modified FOLFOX6. The designation is supported by results from the phase 2 FIGHT study.

Zai Lab has an exclusive license to develop and commercialize bemarituzumab in Greater China. Zai Lab collaborated with Five Prime on the phase 2 FIGHT trial in Greater China.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ride-hailing and delivery platform Uber Technologies, Inc. reported Wednesday weak profit in its fourth quarter, while adjusted EBITDA surged from last year with strong revenue growth above market view. Gross bookings increased and the company projects higher gross bookings in the first quarter. Nelson Chai, CFO, said the company significantly exceeded profitability outlook in 2022, ... Societe Generale Group reported Wednesday a weak profit in its fourth quarter, despite higher net banking income. Further, the French Financial services major proposed a dividend and around 440 million euros share buyback program. The company also confirmed fiscal 2025 financial targets. City of Industry, California-based Titans Global Inc. is recalling certain JSJ branded cakes citing potential to contain undeclared eggs, a known allergen, the U.S. Food and Drug Administration said. The recall involves its 95g packages of JSJ Chocolate Cake, JSJ ZSR Cake, and JSJ DMC Leaf Cake food treats.
Follow RTT