SBP GROUP (01177.HK) -0.020 (-0.377%) Short selling $64.38M; Ratio 21.908% announced that a new drug application (NDA) for M701 “CD3/EpCAM Bispecific Antibody”, a national Category 1 innovative drug jointly developed by Chia Tai Tianqing Pharmaceutical Group Co. Ltd. (CTTQ), a subsidiary of the Group, for the treatment of malignant ascites (MA) caused by advanced epithelial malignancies, has been submitted to and accepted by the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration.M701 is China’s first independently developed CD3/EpCAM bispecific antibody, capable of simultaneously targeting EpCAM on tumor cells and CD3 on immune T cells. By forming a bridge between tumor cells and immune T cells through dual-target binding, it activates T cells to kill tumor cells. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-18 16:25.)Related NewsG Sachs Raises SBP GROUP (01177.HK) TP to HKD8.05, Maintains Buy on Introduction of GSK Hepatitis B Drug
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