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via finance.yahoo.comMarkets

Genmab stock surges 9% after positive phase 3 ovarian cancer results

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Shares of Genmab A/S (NASDAQ: GMAB) rallied 9% on Friday following the announcement of positive top-line results from its Phase 3 RAINFOL-02 trial evaluating rinatabart sesutecan (Rina-S) in patients with platinum-resistant ovarian cancer. Meanwhile, shares of…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA positive phase 3 trial can reset expectations for an oncology drug, affecting the stock and rivals.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Genmab announced positive top-line results from the phase 3 RAINFOL-02 trial.
  2. 02The study evaluates rinatabart sesutecan in platinum-resistant ovarian cancer.
  3. 03The trial met its primary endpoint of progression-free survival.
  4. 04Corcept Therapeutics fell 11% in contrasting sector movement.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Genmab A/SGMABStock44.16 USD+1.56%today +10.41%Positive Corcept Therapeutics IncorporatedCORTStock84.84 USD-5.10%today -21.08%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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