Fosun Pharmaceutical: Holds controlling stake in subsidiary's drug approved for clinical trials.

date
12/02/2026
Fosun Pharma announced that its holding subsidiary Fuhong Hanlin has received approval from the National Medical Products Administration to conduct Phase I clinical trials of HLX15-SC for the treatment of multiple myeloma. They plan to conduct relevant clinical studies in China after meeting the necessary conditions. HLX15 is a self-developed biosimilar of daratumumab, and Phase I clinical trials of HLX15-IV were completed in June 2024. As of January 2026, approximately 192 million yuan has been invested in research and development of HLX15. Global sales of daratumumab products were approximately $12.882 billion in 2024. There are uncertainties in drug research and development and market launch.