SBP GROUP (01177.HK) +0.090 (+1.610%) Short selling $107.45M; Ratio 22.876% announced that the latest research data of LM-364 "Nectin-4TME ADC" and LM-338 "STn ADC", two antibody-drug conjugates (ADCs) independently developed by LaNova Medicines, its wholly-owned subsidiary, has been presented at the American Association for Cancer Research (AACR) Annual Meeting 2026.Specifically, LM-364 is a next-generation Nectin-4TME ADC developed by LaNova Medicines leveraging its proprietary tumor microenvironment (TME) platform. This molecule employs an adenine nucleotide (ANP)-dependent binding mechanism: since ANP concentration in the tumor microenvironment (micromolar level) is significantly higher than that in normal tissues (nanomolar level), LM-364 achieves conditionally activated high-affinity binding at tumor sites. This enhances internalization and payload release while significantly reducing off-target toxicity in normal tissues, offering a novel approach to addressing long-standing safety challenges in ADC development.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-24 16:25.)Related NewsJPM: Profit-taking in China Pharma Sector Presents Good Entry Opportunity
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