financetom
Business
financetom
/
Business
/
Why Is Small-Cap Cancer Drug Developer Viracta Therapeutics Stock Trading Lower On Monday?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Why Is Small-Cap Cancer Drug Developer Viracta Therapeutics Stock Trading Lower On Monday?
Apr 15, 2024 9:40 AM

Monday, Viracta Therapeutics Inc ( VIRX ) reported topline results from Stage 1 of the pivotal Phase 2 NAVAL-1 trial from both arms of the relapsed or refractory (R/R) Epstein-Barr virus-positive (EBV+) peripheral T-cell lymphoma (PTCL) cohort. 

Patients were randomized to either nanatinostat monotherapy (n=10) or nanatinostat in combination with valganciclovir (Nana-val, n=10). 

Nana-val (nanatinostat in combination with valganciclovir) demonstrated greater efficacy than nanatinostat monotherapy and was generally well-tolerated. The median duration of response continues to mature.

Efficacy was evaluated as of the February 7, 2024 data cutoff date.

In the Nana-val arm, the overall response rate (ORR) was 50%, and the complete response rate (CRR) was 20% in the intent-to-treat (ITT) population (N=10); the ORR was 71%, and the CRR was 29% in the efficacy-evaluable population (N=7).

In the nanatinostat monotherapy arm, the ORR and CRR were 10% and 0%, respectively, in the ITT population (N=10), and the ORR was 13% in the efficacy-evaluable population (N=8).

Five nanatinostat monotherapy patients crossed over to receive Nana-val, two of whom remain on Nana-val treatment with stable disease as of the data cutoff.

Safety was also evaluated as of the February 7, 2024 data cutoff date.

The most common treatment-related adverse events in both treatment arms were thrombocytopenia, anemia, fatigue, decreased appetite, nausea, diarrhea, and weight loss.

These adverse events were primarily mild to moderate in severity and generally manageable or reversible.

Price Action: VIRX shares are down 15.7% at $0.97 on the last check Monday.

Illustration of Phrama lab worker created with MidJourney.

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 >
What's Going On With Intel Stock?
What's Going On With Intel Stock?
Jul 26, 2024
Intel Corp ( INTC ) shares are trading flat Friday and lower by some 6.6% to $31.10 for the week. This decline comes amid sector-wide pressure from recent earnings reports and looming concerns over potential new restrictions on China. What’s Happening? The semiconductor sector has experienced heightened volatility recently. President Biden is contemplating additional measures against China, which is causing...
--Peoples Financial Services Raises Quarterly Dividend Nearly 51% to $0.6175 Per Share; Payable Sept. 13 to Shareholders on Aug. 30
--Peoples Financial Services Raises Quarterly Dividend Nearly 51% to $0.6175 Per Share; Payable Sept. 13 to Shareholders on Aug. 30
Jul 26, 2024
12:21 PM EDT, 07/26/2024 (MT Newswires) -- Price: 50.36, Change: +0.20, Percent Change: +0.40 ...
What's Going On With Uber Technologies Shares Today?
What's Going On With Uber Technologies Shares Today?
Jul 26, 2024
Uber Technologies ( UBER ), Inc. shares are trading lower today. On Thursday, the California Supreme Court upheld Proposition 22, affirming the decision for the rideshare companies to consider drivers as independent contractors. In November 2020, California voters approved Proposition 22, a statewide ballot measure that protected the ability of app-based rideshare and food delivery drivers to work as independent contractors...
Update: Saia Shares Fall After Q2 Results Miss Estimates
Update: Saia Shares Fall After Q2 Results Miss Estimates
Jul 26, 2024
12:24 PM EDT, 07/26/2024 (MT Newswires) -- (Updates with stock price movement in headline and first paragraph) Saia ( SAIA ) shares were down more than 18% in recent Friday trading after its Q2 results missed market expectations. Earlier, Saia ( SAIA ) reported Q2 earnings of $3.83 per diluted share, compared with $3.42 a year earlier. Analysts surveyed by...
Copyright 2023-2026 - www.financetom.com All Rights Reserved