CSPC Innovation Pharmaceutical's (SHE:300765) drug, SYS6010, was included in the Breakthrough Therapy Product List of China's National Medical Products Administration, according to a Shenzhen bourse filing on Tuesday.
The Chinese pharmaceutical company's shares rose 2% during Wednesday's morning trade.
The drug, which was developed by subsidiary Shijiazhuang CSPC Jushi Biopharmaceutical, is used for the treatment of patients with relapsed or metastatic head and neck squamous cell carcinoma who have failed to respond to immunotherapy and platinum-containing chemotherapy.