3sbio, Inc.HKEX: 1530

2025 Interim Results Presentation

· MarketScreener


2025 Interim Results Presentation

1 st S e p t e m b e r, 2 0 2 5





Agenda

Interim Results Overview

R&D

Financial Review

Q&A



3



01 Interim Results Overview

4





2025 Interim Results Overview

Revenue

Net profit attributable to owners of the parent

EBITDA

4.4 Bn RMB Maintained stable

1.4 Bn RMB YOY 24.6%

1.8 Bn RMB YOY 11.6%

4.4

4.4

1.1

1.4

1.6

1.8

2024H1

2025H1

2024H1

2025H1

2024H1

2025H1

5





Financial Structure Further Optimized;

Cash Resources Support Long-Term Development

30+

R&D Pipeline

Candidates

Active R&D investment

30+ R&D pipeline candidates, and more early-stage drug targeting innovative targets

FDA EMA

GMP

Repaid Panda Bonds

1.2 Bn RMB

Bank loans decreased by

440 Mn RMB

Global Quality System

Establish high-quality biologics DS & DP manufacturing lines, build a global supply chain system for biologics, ensuring global pharmaceutical supply, improve global commercialization capability

10+

New Drugs Ready

for Launch

New Products Marketing

Enhance academic promotions and marketing

work for new launched drugs

6



Interest-bearing liabilities and bonds decreased from 3.5 Bn RMB 2024 year-end to

1.9

Bn RMB

Finance costs decreased by

49%

Comprehensive finance costs

positively contribute

31 Mn RMB

Gearing ratio decreased from 19.7%

2024 year-end to

9.9%



Core Products Overview

TPIAO

Recombinant human

thrombopoietin

( rhTPO ) injection

RMB Mn

3,397

4,205

2,371

-4.2% YOY

Revenue: 2.4 Bn RMB

5,062

2022 2023 2024 2025H1

Mandi

Minoxidil tincture, foam , and extended products like Mandi shampoo

RMB Mn

894

1,124

1,337

682

24.0% YOY

Revenue: 680 Mn RMB

2022 2023 2024 2025H1

Sunshine Guojian

Subsidiary Sunshine Guojian products including Yisaipu, Cipterbin, and Xenopax

RMB Mn

825

1,014

642

7.6% YOY

Revenue: 642 Mn RMB

1,194

2022 2023 2024 2025H1

7







Accelerate International Footprints

4 10+ 35+ 70%

products sold overseas

  • EPIAO

  • Yisaipu

  • SEPO

  • TPIAO

    international GMP certificates

  • GMP system of manufacture plant certified by US, Brazil, Colombia, Egypt, Thailand etc.

    covered international markets

    • 50 SKUs obtained marketing approval document from 20+ countries

    • 70+ SKUs waiting for approvals by 10+ regulatory agencies

      YOY revenue from overseas

      • Outstanding quality of drugs and clinical data support

      • Excellent supply chain system and commercial partners



8





Our Partnership with Pfizer



707: PD-1&VEGF Bispecific Antibody A Potential Next-generation I/O Therapy

1.25

US$bn

4.8+ Double

100

up to 150

US$bn

-Digit

US$mn

US$mn

Up-front Payment Milestone Payment Royalties Share Purchase Opt-in

Largest global ex-China

9

Including development, regulatory and sales milestones

Tiered based on accumulated net sales

Upon Completion

to develop,

and commercialize SSGJ-707 in China

Marks a total combined upfront transaction value of $1.5bn



707: Unique Molecular Structure

Bispecific Antibody with Tetravalent Structure

Cooperative Binding

Potentially Localized Activity

Unique IgG4 Fc Region

PD-1 binding affinity increased

Due to high VEGF levels in

Potentially decreasing unwanted

100X in presence of VEGF

tumors, may confer safety

immune activation

advantages

  • Tetravalent structure show superior efficacy vs.PD-(L)1 checkpoint inhibition alone

  • Potentially best-in-class anti-angiogenic activity and high affinity for PD-1

  • Compelling Ph 1/2 Clinical Data as both monotherapy and in combination with chemotherapy in NSCLC and mCRC

SSGJ-707: Potentially Transformative MOA

IgG4 Fc region

10





707: Preclinical Data Shows Best-in-Class Potential

Improved VEGF Binding Affinity Improved PD-1 Binding Affinity

coat: VEGF165-his 1µg/mL coat: PD1-his 2µg/mL

Stronger Inhibition of HUVEC Proliferation

140

OD450(nm)

3

2

1

0

10 -2

10 -1

10 0

10 1

10 2

10 3

10 4

3

OD450(nm)

2

1

0

10 -2

10 -1

10 0

10 1

10 2

10 3

10 4

90

Control Growth (%)

40

(10)

10 -3

10 -2

10 -1

10 0

10 1

10 2

Conc.(nM) Conc.(nM) Conc.(nM)

707 Drug A

707 Drug A

707 Drug A

VEGF165 Mean (nM) SD

P1 (nM)

P2

(nM) Top Bottom

PD-1 Mean (nM) SD

P1 (nM)

P2

(nM) Top Bottom

HUVEC Mean (nM) SD

P1 (nM)

P2

(nM) Top Bottom

707

1.394

0.119

1.31

1.478

0.020

2.330

Drug A

1.434

0.071

1.484

1.383

0.031

2.432

707

2.661

0.070

2.611

2.710

0.014

2.287

Drug A

6.137

0.012

6.128

6.145

0.006

2.320

707

0.465

0.036

0.440

0.491

93.06%

(4.63%)

Drug A

3.573

0.381

3.303

3.842

86.69%

20.19%

Significant VEGF and PD-1 Inhibitory Effects

707 has shown no adverse safety effects on the cardiovascular or respiratory system, with NOAEL of 150 mg/kg after repeated doses

In Vivo VEGFi Efficacy: In Vivo PD-1i Efficacy:

Superior inhibition at

4.8mg/kg compared to compared group at 4 mg/kg

Hela MC38

Tumor Volume (mm3)

Tumor Volume (mm3)

2000

1500

1000

500

0

0 5 10 15 20 25 30

1400

1050

700

350

0

Superior inhibition at

1.8mg/kg compared to compared group at

1.5 mg/kg

0 5 10 15 20

Days Post Treatment Days Post Treatment

Control SSGJ-707 4.8 mg/kg Drug A 4 mg/kg SSGJ-707 24 mg/kg Drug A 20 mg/kg

11

Control SSGJ-707 1.8 mg/kg Drug A 1.5 mg/kg SSGJ-707 18 mg/kg Drug A 15 mg/kg





707: Encouraging Data for Ph II of Monotherapy NSCLC

Manageable

Deep and Durable Responses with cORR of 64.7% Safety Profile Generally

10 mg/kg SSGJ-707 Administered Once Every Three Weeks (N=34)

Adverse events: 10 mg/kg Q3W(N=34)

Treatment-related AE

33 (97.1%)

Grade ≥3 TRAE

8 (23.5%)

TR SAE

7 (20.6%)

TRAE leading to

drug discontinuation

1 (2.9%)

Treatment-related death

0

Source:3SBio ASCO data, Pfizer

12





707: A Potentially Transformative MOA

100%

80%

60%

Similar Benefit Rates Across

Squamous and

Non-squamous Subtypes

100% 96%

75%

64%

100%

80%

60%

Similar Benefit Rates Across

Levels of

Tumor PD-L1 Expression

95% 100%

77%

62%

40%

40%

20%

20%

0%

SQ (N=12) NSQ (N=22)

ORR DCR

0%

TPS 1-49% (N=21) TPS ≥50% (N=13)

ORR DCR

Results demonstrate potential to address historically challenging squamous andPD-L1 low patient populations

Source:3SBio ASCO data, Pfizer

13





707: Pfizer is Actively Promoting Global Development

Near-Term Objectives

  • Capitalize on momentum and jumpstart global Phase 3 development in NSCLC and other solid tumors

    • Explore 707 in Thoracic, Genitourinary, Gastrointestinal and other multiple tumor types and combination opportunities including with Pfizer's ADCs

Explore 707 in multiple tumor types and combination opportunities

>50

Medical oncologists across clinical development and medical affairs

45

Countries, and over 4,000 sites, participating in ongoing oncology clinical trials

10

Manufacturing sites for oncology medicines on 3 continents

3

Core therapeutic modalities expand combination treatment opportunities

14





707: Potential Development Opportunities

THORACIC GENITOURINARY

Nsq NSCLC:~104K US patients

Sq NSCLC: ~37K US patients

UC:~19K US patients

RCC: ~16K US patients

ES-SCLC:~33K US patients

GASTROINTESTINAL

Potential to address

350K+

US patients

OTHER CANCERS

CRC:~63K US patients

~80K+ US patients

:Included in 3SBio Phase 1/2 studies in China Source: Pfizer

Nsq: Non-squamous; Sq: Squamous; NSCLC: Non-small cell lung cancer; ES-SCLC: Extensive Stage Small Cell Lung Cancer;

15 UC: Urothelial Carcinoma; RCC: Renal Cell Carcinoma; CRC: Colorectal Cancer





707: Next Generation of IO Therapy, Potential Backbone

99 US$bn

2029Est

50 US$bn

2024

  • Global revenue of PD-(L)1 Ab surpassed 50 Bn USD in 2024,PD-(L)1 global market size is expected to reach 99 Bn USD in 2029

    Opdivo ®

    (Nivolumab)

Keytruda®

(Pembrolizumab)

  • Keytuda and Opdivo approved decades of

indications worldwide, PD-(L)1 therapy has become the backbone of cancer treatment

Approved indications

40+

Approved indications

20+

Imfinzi ®

(Durvalumab)

Tecentriq ®

(Atezolizumab )

Libtayo ®

(Cemiplimab)

Bavencio ®

(Avelumab)

TEVIMBRA ®

(Tislelizumab)

TYVYT®

(Sintilimab)

10+

PD-(L)1 Ab

  • PD-(L)1 monotherapy for low level of PD-1 expression SCLC/NSCLC,MSS or MSI-L CRC patients etc. has limited responses1

NSCLC SCLC CRC GC HNSCC HCC ESCC BTC RCC OC CC UC STS

PD-1

PD-L1

19-20%

12-19%

<10%

13-14%

13-16%

16-17%

19-20%

3-22%

22%

8-15%

14%

20-29%

5-18%

14%

2-10%

5%

10%

13-24%

1.5 mn2 1.4+mn

PD-(L)1 uncovering

PD-(L)1 covered

Improve PD-(L)1 efficacy, cover the double scale of population

  1. Frost & Sullivan, Prospectus

  2. BNTX website

16





Retain the Global Rights of Supplying

FDA&EMA GMP standard

01 • Manufacture, examination, storage fully automated intelligent factory

  • High standard quality system

Manufacturing Base of

02

Large-scale DS and DP

Global Supply

03

75,000L+ biologics DS capacities

  • 6*12,000L stainless steel bioreactors;

  • 3*1000L disposable bioreactors and more manufacturing lines

    40 mn+/ year DP capabilities

  • Completely automatic penicillin vial and prefilled syringe manufacturing lines

17





02 R&D

18





10

IND& Phase I



6

Phase II



R&D Pipeline - 30 Candidates

Therapeutic Area

Candidates

Pre-clinical

IND

Ph I

Ph II

Ph III

NDA

Nephrology

SSS06 Long-acting rhEPO

NDA

Remitch-CLD pruritus

SSS17 HIF inhibitor

Hematology and Oncology

TPO 106-CLDT

NDA

SSS20 Eltrombopag

ANDA

CS1003 anti-PD1 Ab

602 anti-EGFR Ab

609A anti-PD1 Ab

707 anti-PD1/VEGF BsAb

U.S.IND

705 anti-PD1/HER2 BsAb

706 anti-PD1/PDL1BsAb

708 anti-PD1/TGF-β Ab

SSS40 anti-NGF Ab

SSS59 anti-MUC17/CD3/CD28 TsAb

SPGL008 anti-B7H3 Ab/IL15 FP

SA102 CS1/BCMA CAR-T

SSS41 CAR-T

Autoimmune, Ophthal mology and others

608 anti-IL17A Ab NDA

601A anti-VEGF Ab

613 anti-IL1β Ab

NDA

611 anti-IL4Rα Ab

U.S.Ph I

610 anti-IL5 Ab

621 anti-IL33 Ab

U.S.IND

SSS11 Pegsiticase

SSS39 Rapamycin Nanoparticle

Antibody

626 anti-BDCA2 Ab

U.S.IND

Others

627 anti-TL1A Ab

U.S.IND

Dermatology & Metabolism

WS204 Clascoterone

Small Molecule

Semaglutide

Minoxidil Foam-Female AGA

9

Phase III



5

NDA /ANDA

Submission



19 Note:shows the most advanced clinical development stage of each candidates in the chart



Candidates Layout in Tiers



Strong Momentum Support Long-term Growth

Commercialized Product



Hematology/ Oncology

Mandi

Dermatology

/Metabolism

Nephrology

Hematology

/Oncology

Autoimmune

Minoxidil Tincture

EPO

Recombinant Human Erythropoietin Injection

TPIAO

Recombinant Human Thrombopoietin Injection

YSP

Recombinant Human TNF-α Receptor

Ⅱ:IgG Fc Fusion Protein for Injection

Clifutinib DB-1303

Co

SSGJ-707

Development milestone Regulatory milestone

Sales milestone and royalties

Paclitaxel Oral

Solution

mmercialization partners

Nephrology

  • SSS06

  • SSS17

    Hematology/ Oncology

  • TPIAO CLDT

  • Cipterbin Neoadjuvant

    Autoimmune

  • 608

  • 613

  • 610

  • 611

    Dermatology/Metabolism etc. • Semaglutide

  • Clascoterone

  • 601A

    Late-stage clinical trials

  • 705

  • 706

  • SSS40

  • SSS59

  • SPGL008

  • SSS41……

    Autoimmune

  • 626

  • 627

  • 621

More preclinical candidates

Early-stage clinical trials

20



Hematology & Oncology

Bispecific Antibody

707

anti-PD1/VEGF BsAb

Mono 1L PD-L1+NSCLC

Phase III (BTD)

1L NSCLC Combo with Chemo

Phase II

mCRC

Phase II



Exercises the option

EC/PROC

Phase II

of China rights

705

anti-PD1/Her2 BsAb

HER2+ Advanced Solid Tumors

Phase II



Only actively ongoing

clinical trial in China

706

anti-PD1/PD-L1 BsAb

Advanced Gastrointestinal Tumors

Advanced NSCLC

Phase II Phase II



Only actively ongoing clinical trial in China

SPGL008 B7H3 Ab/



IL15 Fusion Protein



Solid Tumors Bladder Cancer

Pre-clinical

Phase I

Global First-In-Class

Trispecific Antibody

SSS59 MUC17/CD3/CD28 TsAb

Solid Tumors

Phase I

Global first to enter clinical trial

First-In-Class

Monoclonal Antibody

SSS40 anti-NGF Ab

Cancer Pain with Bone Metastases

Phase II

21





705: Anti-PD-1/PD-L1 BsAb for Pan-HER2 Expressing Tumors

705

anti-PD1/HER2 BsAb

  • 705 connects ScFv of anti-PD1 to the heavy chain Fc segment of Trastuzumab through GGGGS, and simultaneouslyinhibits PD-1/PD-L1 signaling pathway and HER2 signaling pathway

    Anti-Her2: 3SBio self-developed Cipterbin

    Anti-PD-1: 3SBio self-developed human PD-1 ScFv

  • Combines targeted therapy and immune therapy, expected to achieve more effective tumor immune monitoring

    705 mediates the unique T-cell activation activity of the bispecific antibody through PD-1 synapses, achieving multiple tumor cell killing mechanisms

6 0

L y s is %

4 0

2 0

0

- 2 0

A D C C to w a r d s B T 4 7 4 c e l ls

L y s is %

- 3 - 2 - 1 0 1 2

Trastuzumab

705(anti-HER2×PD1)

EC50

2.98

3.66

log n M

7 0 5 ( a n t i- H E R 2 × P D 1 )

T r a s tu z u m a b

  • 705 mediates ADCC effect to selectively kill tumor cells but

    not activated T cells;

  • PD-1 was induced to rearrange on the surface of T cells and form immune clusters between T cells and tumor cells, greatly activated the tumor killing activity of T cells;

705 activated T cells to achieve double-antibody

superposition effect

705 demonstrated significant tumor suppression activity across a variety of tumor models

1 ,0 0 0 ,0 0 0

L u m (R L U )

8 0 0 ,0 0 0

6 0 0 ,0 0 0

0

4 0 0 ,0 0 0

N 8 7 - P D L 1 + P B M C

50nM

10nM

2nM

d a y 4

7 0 5 ( a n t i- H E R 2 × P D 1 )

T ra s tu z u m a b + 6 0 9 A ( a n ti- P D 1 ) T ra s tu z u m a b

6 0 9 A ( a n ti- P D 1 )

N 8 7 - p d L 1 + p b m c N 8 7 - p d L 1

1200

Tumor Volume(mm^3, mean±SEM)

1000

800

600

400

200

0

NCI-N87

0 10 20 30 40

Days post treatment

Human gastric cancer cells

PBS

302 2mpk

302 6mpk

302 20mpk

705 2.66mpk

705 7.98mpk

705 26.6mpk

1200

Tumor Volume(mm^3, mean±SEM)

1000

800

600

400

200

0

Calu-3

0 10 20 30

Days post treatment

Human lung cancer cells

PBS

Herceptin 20mpk

705 1.33mpk

705 6.65mpk

705 26.6mpk

2000

Tumor Volume(mm^3, mean±SEM)

1500

1000

500

0

MC38

0 10 20

Days post treatment

Mouse colorectal cancer cells

PBS

609A 3 mpk

609A 10 mpk

KEYTRUDA 3 mpk KEYTRUDA 10 mpk

705 1.33 mpk

705 3.99 mpk

705 13.3 mpk

22



A D C C to w a r d s T C e lls

6 0

4 0

7 0 5 ( a n t i- H E R 2 × P D 1 )

T r a s tu z u m a b M H C I Ig G 1

2 0

0

- 3

- 2

- 1

0 1

2

log n M

EC50 0.8911



706: Anti-PD-1/PD-L1 BsAb targeting Pan-tumors

Demonstrating chemical and physical properties while preserving the dual-targeting functionality of the bispecific antibody, with distinct synergistic effects of bispecific antibody

706

Excellent physicochemical properties

anti PD-1/PD-L1 BsAb

Achieving synergistic effects through the formation of PD1

synapses

Demonstrates superior PD-1/PD-L1 binding avidity and significantly enhanced bioactivity in stimulating IL-2 and IFN-γ secretion compared to either monotherapy or their combination therapy

Significant tumor suppression and dose-dependent effects in multiple solid tumor models including colorectal, breast and lung cancers

  • Bispecific antibody developed derived from self-developed CLF2 bispecific antibody platform, simultaneously targeting PD-1 and PD-L1 can effectively avoiding bispecific antibody mispairing and possessing physicochemical properties comparable to monoclonal antibodies.

  • China IND and US IND,phase I in Chian. Patents applied in multiple countries and regions across China, the US, Europe, and Japan.

Tumor Volume(mm^3, mean±SEM)

Tumor Volume(mm^3, mean±SEM)

2500

PBS

MC38

Tumor Volume(mm^3, mean±SEM)

2000

EMT-6

H292

PBS PBS/PBMC

Opdivo 10mg/kg/PBMC

Tecentriq 10mg/kg/PBMC SSGJ-706 16mg/kg/PBMC

1000

800

600

Tumor Volume(mm^3, mean±SEM)

PBS

2000

1500

1000

500

SSGJ-706 1.6 mg/kg

SSGJ-706 4.8 mg/kg

SSGJ-706 16 mg/kg

1500

1000

500

Opdivo 10mg/kg

αPD-1 10mg/kg SSGJ-706 1.6mg/kg SSGJ-706 4.8mg/kg SSGJ-706 16mg/kg

0

0 3 6 9 12 15 18

Days post treatment

0

0 3 6 9 12 15 18 21 24 27 30

Days post treatment

400

200

0

0 5 10 15 20

Days post treatment

23 hPD1 transgenic mouse MC38 xenograft model

hPD1 mouse EMT-6 xenograft model PBMC mouse NCI-H292 xenograft model



MC38

2500

2000

PBS

609A 10 mg/kg

Keytruda 10 mg/kg

SSGJ-706 16 mg/kg

1500

1000

500

0

0

3 6

9

12 15 18

Days post treatment



SSS59: Anti-MUC17/CD3/CD28 Trispecific Ab for Gastrointestinal Tumors

  • MUC17 is highly expressed in various Gastrointestinal tumors (including gastric cancer and colorectal cancer), and demonstrate a potentialgastrointestinal tumors-associated target ;

  • SSS59 represents an enhanced T-cell engager (TCE) that incorporates both primary CD3 activation and secondary CD28 costimulation within a single molecular construct, eliciting sustained anti-tumor T-cell responses;

  • Compared to the control antibody, this modified antibody exhibits reduced CD3 affinity to prevent cytokine storms, while the enhanced CD28 signaling compensates for the diminished activation resulting from the lower CD3 binding affinity, achieving comparable preclinical efficacy to the control in animal models.;

  • SSS59 has obtained IND approval and entered Phase I clinical trial.

SSS59

Anti-MUC17/CD3/CD28 trispecific Ab

immunodeficient mice

Tumor Inhibitory Effects on mCRC

Dose-dependent inhibitory effect of SSS59 on the growth of human colon cancer xenografts in PBMC-reconstituted

SSS59 Exhibits Molecular Structure Superiority



Superior inhibitory effect on target cell proliferation compared with McAb or BsAb

24

Superior inhibitory effect on target cell proliferation than comparable CODV-IgG trispecific antibody





SPGL008: Anti-B7H3-IL15 Fusion Protein, Targeting Pan-tumor

  • Combination of IL15 and IL15Rα localizes to specific cell membranes, and binds to the β/γ receptor (CD122 and CD132) shared with IL2, thereby stimulating adjacent effector cells, primarily NK and CD8+ T cells, to mediate biological activity;

  • Compared to IL2, IL15 plays no effect on Treg cells, which is a key advantage.

SPGL008

B7H3 Ab /IL-15 fusion protein

Mutation

  • SPGL008 is an IL15 bifunctional molecule targeting tumor via B7H3 (i.e., CD276 ) McAb.

  • Tumor-targeted single-chain IL15, with antibody mutations to attenuate toxicity, Mitigating the toxicity and limited efficacy associated with IL-15;

  • IND approval and entered Phase I clinical trials.

JIMT-1 is HER2-antibody-resistant human breast cancer cell line, the combination of SPGL008 with a HER2 MsAb achieved an 83 % tumor growth inhibition rate.

Significant tumor suppressive activity across multiple tumor models

H1975 is a human lung cancer cell expressing B7H3, SPGL00 demonstrated dose-dependent inhibition of tumor cell proliferation across all tested doses.

Highly expressed in multiple solid tumors

25





Nephrology

Biopharmaceuticals

SSS06

Long-acting rhEPO

Renal Anemia with

Maintenance Dialysis

NDA Accepted

Cancer Related Anemia

(CIA)

Phase II

Q3W

Once every three weeks



Fill the gap in domestic long-acting erythropoietin

Small Molecule

Phase II data showed efficacy was

accurate

Phase II

Non-dialysis Renal Anemia ( CKD )

Post-orthopedic Surgery Anemia ( POA )

SSS17

HIF Inhibitor

Better compliance for postoperative patients with limited mobility

Phase II

Lower risks of AESI such as thrombosis and hypertension

QW

Once weekly oral

administration

26





SSS17: Optimized Choice for CKD Anemia and POA Patients

HIF inhibitor: Inhibiting PH enzyme activity, blocking degradation effects on hypoxia-inducible factor (HIF), enhancing HIF-α levels, thereby

SSS17 promots the synthesis of key proteins such as erythropoietin (EPO) and threats renal anemia.

91H

The longest half-life, providing a superior dosing regimen among HIF inhibitors

Positive phase II interim data for CKD non-dialysis patients

Developing Post-orthopedic Surgery ( POA ) Indication and enhance overall competitiveness

The change in average Hb at weeks 7-9 from Baseline showed efficacy was accurate. The clinical effects performed non-inferior results relative to Roxadustat.

27

1, Data as of December 27, 2024

Only short-acting therapeutic regimens are available for anemia patients during perioperative period, SSS17 can enhance patient compliance.



SSS17

106.2

89.0 90.6

85.4

Placebo

ΔHb change of SSS17 compared to

Placebo

17.2

22.4

Baseline Hb

WK7-9 Average Hb

(5.2)

WK7-9 Average Hb Change from Baseline ( ΔHHb )



Autoimmune

Establishing the Most Competitive Autoimmune Pipeline

613

anti-IL-1β Ab

611

anti-IL-4R Ab

610

anti-IL-5 Ab

626

anti-BDCA2 Ab

627

anti-TL1A Ab

AG PGF

Adult AD (Monotherapy)

Phase III

Adult AD (with TCS) Adolescent AD Pediatric AD CRSwNP

COPD

Phase III

Phase III

AD full population

Phase III

coverage

Phase III

Phase III

Eosinophilic Asthma

SLE CLE

UC

Phase II

NDA Acceptable



Phase III

Ranks NO.1 progress in China

FIC in CHINA FIC in CHINA

Phase I

Phase I

Phase I

28



608

anti-IL-17A Ab

Moderate-to-severe PsO AS

Nr-axSPA

NDA Acceptable

Phase II Completed

Phase II

"Cure" for PSO



608 (anti-IL-17A mAb)

608: Achieving a "Cure" aspiration for PsO treatment

Dosing interval extended to Q4W or Q8W in maintenance after 12 weeks:

W52: Efficacy of PASI75、sPGA0/1 and PASI90 responses was highly effective and sustained

PASI75

PASI90

sPGA0/1

93.70

%

93.60

%

92.60

%

92.50

%

89.30

%

89.40

%

608-A 1

608-B

608-A

608-B

608-A

608-B

ASAS40: the primary efficacy endpoint in the Phase III study. 608 showed robust response, with superior efficacy trend.

608 AS: Ph II shows significant efficacy

% of subjects achieving an ASAS20 response at W16 - FAS

% of subjects achieving an ASAS40 response at W16 - FAS

64.00% 64.00%

58.80%

66%

36.0% 34.0%

47.1%

36.0%

608 A2 608 B 608 C Adalimumab 608 A 608 B 608 C Adalimumab

29 1: 608 A:160 mg W0+80 mg Q2W(first 12weeks)+80 mg Q4W; 608 B:160 mg Q4W (first 12weeks)+160 mg Q8W 2: 608 A:160+80mg Q2W(n=50) 608 B:160mg Q2W(n=50) 608 C:160mg Q4W(n=51) adalimumab (n=50)



% of subjects achieving an ASAS40 response in multiple dose-FAS

50%

40%

608 160mg+80mg Q2W(N=50)

608 160mg Q2W(N=50)

608 160mg Q4W(N=51)

Adalimumab(N=50)

30%

20%

10%

0%

W0 W2 W4

W8

W12

W16



613 (anti-IL-1β mAb)

Acute phase:

both phase III endpoints were achieved

Intermittent phase:

a single dose can effectively prevent acute attacks

-55.6 -54.7

baseline

change from

  • Shorten the duration of AG

attacks

  • Delay the onset of the

first AG attack

  • Reduce proportion of AG

attacks

  • Reduce AG

arthritis recurrence rate

Primary endpoint 1:72h VAS score change from baseline

72h VAS

score (mm)

613

Compound Betamethasone

Risk reduction

38%

0.62

Risk reduction

39%

0.61

Not reached

Not reached

Not reached

Risk reduction

57%

0.43

Risk reduction

62%

0.38

HR

relative risk of acute gout episodes per capita(RR)

Median time to first acute gou t attack*

Colchicine

0.5 mg

( N=51 )

613-200 mg

( N=52 )

613-100 mg

( N=53 )

Group

Upper limit of 95%CI between the two groups was 2.7mm, less than the preset non-inferiority threshold (10mm), non-inferiority result was supported

-0.8 (-4.4, 2.7)

95%CI

Primary endpoint 2: 12W recurrence period in days

Recurrence period in days (W12)

613

Compound Betamethasone

Mean (days)

Not reached

57

HR(95%CI)

0.23 (0.17, 0.32)

P <0.0001, superiority is established

Duration of gout attack

(days)

1.67

1.35

6.7

30



613: Comprehensive Disease Management for Gouty Arthritis Patients

Enrollment of Phase III Acute Gouty Arthritis (AG) was completed, with positive interimanalysis results

Gouty Arthritis (PGF) Phase II results are positive and pre-PhIII communication is ongoing

Progress ranks No.2 in China

One dose prevents

ecurrence for 3~6 months



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