10月20日，雪迪龙（002658）发布公告称，公司拟以自有或自筹资金不超过4亿元，参与竞拍北京市昌 平区约21.41亩工业用地，并投资建设创新产业基地项目。项目将新增色谱、质谱生产线，重点布局碳 监测、碳计量系统及工艺过程仪表分析等研发生产。 资料显示，雪迪龙成立于2001年9月，主营业务是环境监测、碳监测碳计量、工业过程分析、科学仪器 等相关业务。 所属行业：环保–环保设备Ⅱ–环保设备Ⅲ 泽璟制药：注射用ZGGS34临床试验获批准 10月20日，泽璟制药（688266）发布公告称，公司研发的三特异性抗体药物注射用ZGGS34已获得国家 药监局签发的《药物临床试验批准通知书》，将用于MUC17阳性晚期实体瘤的治疗。ZGGS34是一种靶 向MUC17/CD3/CD28的三特异性T细胞结合器，临床前研究显示其具有强效抗肿瘤活性和良好安全性。 雪迪龙：拟投资不超4亿元建设创新产业基地 资料显示，泽璟制药成立于2009年3月，主营业务是化学新药及生物新药的研发、生产及销售。 所属行业：医药生物–化学制药–化学制剂 奥赛康：创新药ASKC202在2025年ESMO年会公布临床研究数据 10月20日，奥赛康（00275 ...

泽璟制药(688266)10月19日宣布，公司自主研发的新药Alveltamig(代号：ZG006)、Nilvanstomig(代号： ZG005)的临床研究数据及最新进展将在ESMO上发布。 ZG006是全球第一个针对DLL3靶点的三特异性抗体，是全球同类首创分子形式，具有成为同类最佳分 子的潜力。 泽璟制药介绍，会上将发布的最新进展将进一步证明ZG006单药治疗在现有标准治疗失败的SCLC或 NEC患者中具有突出及持久的抗肿瘤疗效，且具有良好的耐受性及安全性，不仅支持其开展关键注册研 究，同时也为其进一步开发联合或前线适应症治疗的临床研究奠定了坚实基础。 ZG005是重组人源化抗PD-1/TIGIT双特异性抗体，有望用于治疗多种实体瘤。根据公开查询，ZG005是 全球率先进入临床研究的同靶点药物之一，目前全球范围内尚未有同类机制药物获批上市。 10月17日至21日，2025年欧洲肿瘤内科学会(ESMO)在德国柏林举行，作为最重要的肿瘤学术会议之 一，多个国内企业计划在会议上披露数据。 据了解，利厄替尼片(奥壹新)是奥赛康已经上市的第三代EGFR TKI。奥赛康认为，公司两款创新药项 目协同拓展肺癌领域目标 ...

奥赛康(002755.SZ)公告，公司子公司江苏奥赛康药业有限公司于2025年10月18日在德国柏林召开的欧 洲肿瘤内科学会(ESMO)年会上，以壁报形式首次公布新型cMET抑制剂ASKC202联合利厄替尼用于经 表皮生长因子酪氨酸激酶抑制剂(EGFR-TKI)治疗失败伴MET扩增/过表达的局部晚期或转移性非小细胞 肺癌的剂量递增及扩展临床试验研究数据。 ASKC202联合利厄替尼用于经EGFR-TKI治疗失败伴MET扩增/过表达的非小细胞肺癌显示出良好的耐 受性和安全性，疗效上显示出肿瘤缓解率高、缓解持续时间长的获益信号。ASKC202联合利厄替尼的 III期确证性临床研究正在开展中。 ...

Group 1 - The innovative drug sector in A-shares and H-shares continues to rise, with notable stocks such as Aosaikang and Junshi Biosciences showing significant gains [1] - Aosaikang's subsidiary has completed the first patient dosing in a Phase III clinical trial for a new drug targeting advanced non-small cell lung cancer [1] - Heng Rui Medicine has licensed its innovative drug to Glenmark Specialty for an upfront payment of $18 million and potential milestone payments totaling up to $1.093 billion [1] Group 2 - The Hong Kong innovative drug ETF (513120) has seen a rise of over 1%, with leading stocks like Junshi Biosciences and Rongchang Bio leading the gains [2] - The innovative drug ETF (515120) has also experienced a nearly 2% increase, with significant inflows totaling 699 million yuan over the past 20 trading days [2] - Tianfeng Securities highlights that the Chinese innovative drug industry is forming a pyramid structure led by top enterprises, indicating strong sustainability in the sector [2] Group 3 - The Hong Kong innovative drug ETF (513120) allows T+0 trading, enhancing liquidity and capital efficiency for investors [3] - The innovative drug ETF (515120) closely tracks the innovative drug industry index in A-shares, covering various aspects of drug development and sales [3]

Investment Rating - The report indicates a positive outlook for the pharmaceutical and biotechnology sector, with a weekly increase of 1.4%, outperforming the Wind All A index (-1.37%) and the CSI 300 index (-0.81%) [3][8]. Core Insights - The report highlights the acceleration of business development (BD) in small nucleic acid drugs, with significant deals announced by Arrowhead Pharmaceuticals and Novartis, indicating a strong interest in this area from multinational corporations [3][12]. - The report emphasizes the importance of the World Conference on Lung Cancer (WCLC) held from September 6-9, where several key research advancements in lung cancer were presented, suggesting potential investment opportunities in innovative drug companies participating in the conference [3][11]. - The report notes the strong performance of specific stocks within the sector, such as Haichen Pharmaceutical (28.7%), Changchun High-tech (24.2%), and Baihua Pharmaceutical (21.3%), while also identifying underperformers like Shuyou Shen (24%) and Guangsheng Tang (15.8%) [3][11]. Market Weekly Review - The pharmaceutical and biotechnology sector saw a weekly increase of 1.4%, with the best-performing sub-sectors being other biological products (4.86%), chemical products (4.52%), and medical research outsourcing (3.78%) [3][8]. - Conversely, sectors such as hospitals (-2.31%), vaccines (-2.08%), and medical devices (-1.97%) experienced declines [3][8]. - Notable individual stock performances included significant gains for Haichen Pharmaceutical, Changchun High-tech, and Baihua Pharmaceutical, while Shuyou Shen and Guangsheng Tang faced substantial losses [3][11]. Industry News and Key Company Announcements - Arrowhead Pharmaceuticals announced a global licensing and collaboration agreement with Novartis for a siRNA therapy targeting Parkinson's disease, with an upfront payment of $200 million and potential milestone payments totaling up to $2 billion [3][15]. - A strategic collaboration was established between Novartis and Wobang Pharmaceuticals for cardiovascular products, with an upfront payment of $160 million and potential total milestone payments of $5.2 billion [3][13]. - The report also mentions various clinical trial advancements and approvals for several companies, including the approval of new indications for existing drugs and the initiation of new clinical trials [3][16].

奥赛康(002755.SZ)公告，公司全资子公司江苏奥赛康药业有限公司开发的1类创新药ASKC202联合利厄 替尼用于经表皮生长因子酪氨酸激酶抑制剂(EGFR-TKI)治疗失败伴MET扩增/过表达的局部晚期或转移 性非小细胞肺癌的注册性临床III期研究已完成首例患者给药。 ...

Core Viewpoint - The announcement highlights the completion of the first patient dosing in a Phase III clinical trial for ASK202, a novel oral cMET inhibitor developed by Jiangsu Aosaikang Pharmaceutical Co., Ltd, targeting advanced non-small cell lung cancer (NSCLC) patients with EGFR mutations and MET amplification/overexpression after failure of EGFR-TKI treatment [1] Group 1 - The clinical trial is a registration study for ASK202 in combination with Lapatinib for patients with locally advanced or metastatic NSCLC [1] - ASK202 is characterized as a first-class innovative drug with independent intellectual property rights and significant activity [1] - The target patient population includes those who have progressed after EGFR-TKI therapy and exhibit MET amplification or overexpression [1]

Core Viewpoint - The company announced that its wholly-owned subsidiary, Jiangsu Aosaikang Pharmaceutical Co., Ltd., has completed the first patient dosing in a Phase III clinical trial for the innovative drug ASKC202 in combination with Lapatinib for the treatment of locally advanced or metastatic non-small cell lung cancer (NSCLC) with MET amplification/overexpression after failure of epidermal growth factor receptor tyrosine kinase inhibitors (EGFR-TKIs) [1] Group 1 - The Phase III clinical study for ASKC202 in combination with Lapatinib targets patients who have experienced treatment failure with EGFR-TKIs and have MET amplification/overexpression [1] - The company has also conducted Phase I/II clinical studies for ASKC202 as a monotherapy and in combination with the third-generation EGFR-TKI Lapatinib, as well as a food effect study for ASKC202 [1] - Preliminary results from the Phase I/II study of ASKC202 in combination with Lapatinib show significant efficacy, along with good tolerability and safety [1] Group 2 - The company plans to present the latest clinical research data for ASKC202 in combination with Lapatinib at the 2025 ESMO conference [1]

Core Viewpoint - The announcement indicates that the clinical trial for the innovative drug ASK202, developed by the company's wholly-owned subsidiary, has commenced with the first patient dosed, targeting a specific type of lung cancer [1] Group 1: Company Developments - The company’s subsidiary, Jiangsu Aosaikang Pharmaceutical Co., Ltd., is responsible for the development of the innovative drug ASK202 [1] - The drug is intended for use in patients with locally advanced or metastatic non-small cell lung cancer who have failed treatment with epidermal growth factor receptor tyrosine kinase inhibitors (EGFR-TKIs) and have MET amplification or overexpression [1] Group 2: Clinical Research - The registration clinical phase III study for ASK202 has successfully completed the first patient dosing [1] - This study represents a significant step in the development of new treatment options for a challenging patient population in oncology [1]

[Table_Info1] 奥赛康(002755) 化学制药/医药生物 [Table_Date] 发布时间：2025-09-01 [Table_Title] 证券研究报告 / 公司点评报告 盈利能力持续改善，创仿结合成果初显 --- 奥赛康 2025 年中期业绩点评 事件： [Table_Summary] 公司发布 2025 年中期业绩报告，实现收入 10.07 亿元（+9.2%），实现归 属于上市公司股东的净利润 1.60 亿元（+111.6%）。 点评： 财务端：盈利能力修复明显，费用结构持续优化，现金流大幅改善。1） 25H1 实现扣非归母净利润 1.41 亿元（+155.7%），自 2024 年扭亏为盈 始，公司盈利能力呈现加速修复态势；2）25H1 公司实现毛利率 81.7% （同比持平），实现净利率 14.6%（+7.6pct）；3）25H1 实现期间费用率 66.9%（-8.3pct），成本费用控制成效显著。25H1 公司销售/管理/研发/财 务费用率分别同比-3.5/-0.7/-4.5/+0.3pct；3）24 年公司经营性现金流净额 为 4.23 亿元（+42.5%），超 24 全年水平，现 ...