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**BL-M24D1** is an investigational antibody-drug conjugate (ADC) developed by Sichuan Baili Pharmaceutical, a subsidiary of Sichuan Biokin Pharma, targeting various advanced solid tumors and hematologic malignancies. It incorporates next-generation toxins derived from the same small molecule platform and is administered via intravenous infusion in 2-week cycles. Currently in Phase I clinical trials evaluating safety, tolerability, pharmacokinetics, and preliminary efficacy across multiple indications, including non-small cell lung cancer, gastrointestinal tumors, head and neck squamous cell carcinoma, multiple myeloma, and other relapsed/refractory malignancies.[5][6][7][9]
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