financetom
Business
financetom
/
Business
/
MacroGenics Says Cancer Drug Study Update Set for May After Conference Miss
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MacroGenics Says Cancer Drug Study Update Set for May After Conference Miss
Apr 3, 2024 3:03 PM

05:46 PM EDT, 04/03/2024 (MT Newswires) -- MacroGenics ( MGNX ) said late Wednesday that interim safety data from the phase 2 trial of vobra duo in people with metastatic castration-resistant prostate cancer is set for end-May release after a company abstract wasn't accepted by the American Society of Clinical Oncology for presentation at a meeting starting May 31.

Interim results from the trial, including updated safety and preliminary efficacy data, are set for release by May 31, the company said. Fresh data, including radiographic progression-free survival, the trial's primary endpoint, is expected in the autumn, the company said.

In the abstract submitted to the society on Feb. 6, the company said preliminary safety results from the trial "suggest that reducing the dose and frequency of vobra duo improves its safety and tolerability" in people with the disease.

The company's shares rose 3.9% in recent after-hours trading.

Price: 14.20, Change: +0.53, Percent Change: +3.88

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 >
Knightscope Adds Emergency Communications Contracts
Knightscope Adds Emergency Communications Contracts
Oct 15, 2024
10:37 AM EDT, 10/15/2024 (MT Newswires) -- Knightscope ( KSCP ) said Tuesday that it secured three expansion contracts for its emergency communication devices and other long-term ECD services. The company said a Pennsylvania university purchased an additional K1 Blue Light Tower; a California university renewed its Full Service Maintenance Plan; and a law school in Vermont added the Knightscope...
G2 Goldfields Shares Up More Than 3% on Discovery of Multiple New Gold Zones at OKO Project in Guyana
G2 Goldfields Shares Up More Than 3% on Discovery of Multiple New Gold Zones at OKO Project in Guyana
Oct 15, 2024
10:37 AM EDT, 10/15/2024 (MT Newswires) -- G2 Goldfields ( GUYGF ) said Tuesday that it continues to expand and define existing gold zones at the OKO-Aremu gold project in Guyana while also discovering new high grade parallel zones of gold mineralization. G2's share price rose 3.4% at last look to $1.83 on the TSX following the news. Drill highlights...
Boeing Shares Jump As Troubled Aerospace Company Inks $10B Supplemental Credit Agreement With Big Banks
Boeing Shares Jump As Troubled Aerospace Company Inks $10B Supplemental Credit Agreement With Big Banks
Oct 15, 2024
Boeing Company ( BA ) shares are trading higher on Tuesday. The company inked a $10 billion supplemental credit agreement with several big banks. Bank of America, Citibank, Goldman Sachs, and JPMorgan are on board as joint lead arrangers and bookrunners. Boeing ( BA ) plans to pay a 0.5% funding fee on each advance under the credit agreement and...
GlaxoSmithKline sues Moderna for US patent infringement over COVID vaccines
GlaxoSmithKline sues Moderna for US patent infringement over COVID vaccines
Oct 15, 2024
(Reuters) -British drugmaker GlaxoSmithKline sued Moderna ( MRNA ) in U.S. federal court in Delaware on Tuesday, accusing its American rival of violating GSK's patent rights in messenger RNA (mRNA) technology with its blockbuster COVID-19 vaccine Spikevax. According to the two lawsuits, Moderna's ( MRNA ) lipid nanoparticles for transporting fragile mRNA into the human body infringe several GSK patents...
Copyright 2023-2026 - www.financetom.com All Rights Reserved