Innovent Biologics’ IBI133 Receives Tacit Approval for Clinical Trial from China’s CDE

The Center for Drug Evaluation (CDE) in China has granted tacit clinical trial approval to Innovent Biologics, Inc. (HKG: 1801) for its antibody drug conjugate (ADC) IBI133. The molecule is slated for assessment as a treatment for irresectable locally advanced or metastatic solid tumors. Previously, in December 2023, IBI133 had entered a Phase I/II clinical study in Australia for the treatment of solid tumors.

It is projected that after EGFR TKI treatment, a significant percentage of primary non-small cell lung cancer (NSCLC) and advanced EGFR mutated tumors will express HER3, which is a member of the receptor tyrosine kinase EGFR family. Although no HER3-targeted product is currently available globally, Daiichi Sankyo’s ADC, patritumab deruxtecan, was involved in a USD 22 billion deal with Merck, Sharp & Dohme (MSD; NYSE: MRK). Patritumab deruxtecan received breakthrough therapy designation (BTD) in the US in December 2021 and demonstrated promising results in the pivotal Phase II HERTHENA-Lung01 study for non-small cell lung cancer with EGFR mutations, achieving an objective response rate (ORR) of 29.8% and a median duration of remission of 6.4 months.

In a separate development, Sichuan Biokin Pharmaceutical Co., Ltd (SHA: 688506) has recently initiated a Phase III trial in China for another ADC targeting EGFR and HER3 in recurrent or metastatic esophageal squamous cell carcinoma. Last month, Bristol-Myers Squibb (BMS; NYSE: BMY) entered into an USD 8.4 billion agreement with Biokin for the joint development and commercialization of this drug in the United States. – Flcube.com

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