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March 9, 2022, Shanghai, China--- Haihe Biopharma Co., Ltd. (referred as "Haihe Biopharma" or the “Company”) announced that Glumetinib (SCC244), an oral, highly selective MET inhibitor with global rights, has been formally granted as priority review designation (CXHS2200010国) by the National Medical Products Administration-Center for Drug Evaluation (NMPA-CDE) .

Glumetinib (SCC244) is an oral, potent and highly selective small molecule MET inhibitor. Glumetinib has excellent pharmacokinetic characteristics with long half-life and high steady-state trough concentration in human body, which is conducive to the continuous inhibition of the target. Glumetinib has shown robust efficacy and favorable safety profile in GLORY study in NSCLC patients with MET alterations. Haihe Biopharma owns the independent global intellectual property rights of Glumetinib.

Haihe Biopharma is a leading innovation-driven biotechnology company in China focusing on the discovery, development, production and commercialization of innovative anti-tumor drugs. Haihe brings life-saving therapies to cancer patients worldwide. As a biotech company led by an academician of the Chinese Academy of Engineering, Haihe Biopharma is committed to the path of independent innovation. It also has a research and management team with a global perspective, and is proactively mapping out the international development of innovative drugs. The Company currently has thirteen key drug candidates. As of today, Haihe Biopharma has received 29 IND or clinical trial approvals in four countries and regions.