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EQUITY - MARKET SCREENER

Aatmaj Healthcare Ltd
Industry :  Healthcare
BSE Code
ISIN Demat
Book Value()
78782
INE0OB201016
21.8947788
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
AATMAJ
50.26
44.3
EPS(TTM)
Face Value()
Div & Yield %
0.39
5
0.26
 

raymond ltd
SPARC submits application for its ADC to US FDA to conduct global phase-1 study
Mar 31,2025

The IND application supports the next phase of development of SBO-154 which has completed the required IND-enabling preclinical studies with favorable results. A global phase-1 dose-escalation and expansion study has been planned to evaluate SBO-154 in treatment of solid tumors.

Antibody–drug conjugates or ADCs are a class of biopharmaceutical drugs designed as a targeted therapy for treating cancer. Unlike chemotherapy, ADCs are intended to target and kill tumor cells while sparing healthy cells.

SBO-154 is a novel humanized MUC1-SEA-targeted ADC developed by SPARC for the treatment of advanced solid tumours. SBO-154 specifically binds with high affinity to the SEA domain of MUC1, and functions by the release of the antimitotic payload after internalization and cleavage.

The released payload inhibits cell division and, thereby contributes to the shrinkage of tumours. SPARC had licensed anti-MUC1 antibody from Biomodifying a startup from the University of Tel Aviv.

Anil Raghavan, CEO of SPARC, said: 'SBO-154, our first ADC is ready to advance in phase-1 with this IND submission, and this is an important milestone for SPARC as we hope to improve lives of cancer patients globally.'

Sun Pharma Advanced Research Company (SPARC) is a pharmaceutical company focused on continuously improving standards of care for patients globally through innovation in therapeutics and delivery.

The scrip had declined 2.63% to end at Rs 148 on the BSE on Friday.