Impact Therapeutics (HKG:7630) nominated IMP3201, a CEACAM5-targeted dual-payload antibody-drug conjugate (ADC), as a preclinical candidate.
IMP3201 is the first preclinical candidate developed using its proprietary dual-payload ADC platform, according to a Monday Hong Kong bourse filing. It is being developed to treat gastrointestinal cancers, including colorectal, pancreatic, gastric and esophageal squamous cell carcinoma.
Shares of the company fell over 6% in recent trade.
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