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**SHR-2173** is a subcutaneously administered therapeutic biological product currently under early clinical development for the treatment of immune-mediated diseases. Its exact mechanism of action has not been publicly disclosed, but it is described as exerting anti-inflammatory and immunosuppressive biological effects by targeting abnormally activated immune cells, aiming to reduce autoantibody levels and improve disease activity in autoimmune conditions such as systemic lupus erythematosus and possibly lupus nephritis and other related disorders. It is being developed as a new molecular entity by Guangdong Hengrui Pharmaceutical and is not yet approved in any jurisdiction[3][4][7].
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