financetom
Business
financetom
/
Business
/
Incyte Seeks Expanded FDA Approval For Lymphoma Drug After Releasing Promising Topline Data From Late-Stage Study
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Incyte Seeks Expanded FDA Approval For Lymphoma Drug After Releasing Promising Topline Data From Late-Stage Study
Aug 16, 2024 6:38 AM

On Friday, Incyte Corporation ( INCY ) released topline results from the pivotal Phase 3 inMIND trial evaluating the efficacy and safety of Monjuvi (tafasitamab) and lenalidomide as an add-on to rituximab compared with lenalidomide alone as an add-on to rituximab in patients with relapsed or refractory follicular lymphoma or relapsed or refractory nodal, splenic or extranodal marginal zone lymphoma (MZL).

The study enrolled 654 adults.

The trial met its primary endpoint of progression-free survival (PFS) by investigator assessment in follicular lymphoma.

Also Read: FDA Approves Incyte/Syndax Partnered Drug For Chronic Graft-Versus-Host Disease, A Post-Transplant Complication.

It also met key secondary endpoints of PFS in the overall population by investigator assessment and the positron-emission tomography-complete response rate in the FDG-avid FL population.

In addition, the secondary endpoint of PFS results by the blinded independent review is consistent with investigator-based PFS results.

No new safety signals with tafasitamab were observed.

Follicular lymphoma is the most common indolent, or slow-growing, form of B-cell non-Hodgkin lymphoma (NHL), accounting for approximately 13-26% of overall NHL cases.

There are limited treatment options for the more than 17,000 new cases of relapsed or refractory Follicular lymphoma treated every year in the United States, Europe, and Japan.

Incyte ( INCY ) expects to file a supplemental marketing application for tafasitamab by the end of the year for follicular lymphoma patients who have failed at least one prior systemic anti-CD20 immunotherapy or chemo-immunotherapy.

The FDA and the European Medicines Agency approved tafasitamab in combination with lenalidomide in 2020 and 2021, respectively, for adult patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL) not otherwise specified, including DLBCL arising from low-grade lymphoma, who are not eligible for autologous stem cell transplant.

Incyte ( INCY ) reported second quarter Minjuvi/ Monjuvi sales of $31.12 million, up 136% year over year, following the acquisition of the exclusive global rights to tafasitamab in February 2024.

Price Action: INCY stock is up 1.82% at $62.80 during the premarket session at last check Friday.

Read Next:

PepsiCo Faces Legal Heat: Gatorade Protein Bars Criticized For Excessive Sugar

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: Surgery Partners Exploring Potential Sale
Market Chatter: Surgery Partners Exploring Potential Sale
Jul 19, 2024
09:40 AM EDT, 07/19/2024 (MT Newswires) -- Surgery Partners ( SGRY ) is considering strategic options, including a potential sale, and is working with a financial adviser to evaluate buyer interest, Bloomberg reported late Thursday, citing people familiar with the matter. The Bain Capital-backed surgical facilities operator could seek help from strategic buyers and private-equity firms, the report said, quoting...
Galaxy Digital Holdings Expands Blockchain Infrastructure Capabilities With Asset Acquisition of CryptoManufaktur
Galaxy Digital Holdings Expands Blockchain Infrastructure Capabilities With Asset Acquisition of CryptoManufaktur
Jul 19, 2024
09:40 AM EDT, 07/19/2024 (MT Newswires) -- Galaxy Digital Holdings ( BRPHF ) , which lost more than 8% yesterday, on Friday acquired substantially all of the assets of CryptoManufaktur LLC, a blockchain node operator. No financial details were given. But Galaxy said the buy will meaningfully enhance its ability to provide technical and infrastructural support to key projects and...
First Solar Investigates Potential Patent Infringements of TOPCon Solar Technology
First Solar Investigates Potential Patent Infringements of TOPCon Solar Technology
Jul 19, 2024
09:39 AM EDT, 07/19/2024 (MT Newswires) -- First Solar ( FSLR ) said Friday that it owns patents for the manufacturing of tunnel oxide passivated crystalline-silicon photovoltaic solar cells and is now investigating several manufacturers for potential patent infringement. The company said the patents acquired through its purchase of TetraSun in 2013 include patents valid until 2030 in various countries,...
CrowdStrike, Microsoft to Face PR Nightmare After Update Caused Major IT Outage Globally, Wedbush Says
CrowdStrike, Microsoft to Face PR Nightmare After Update Caused Major IT Outage Globally, Wedbush Says
Jul 19, 2024
09:43 AM EDT, 07/19/2024 (MT Newswires) -- CrowdStrike Holdings ( CRWD ) and Microsoft ( MSFT ) will face a PR nightmare after a CrowdStrike ( CRWD ) update caused defect issues for Windows hosts, leading to a major global IT outage early Friday, Wedbush Securities said. Today CrowdStrike ( CRWD ) becomes a household name but not in a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved