Genmab shares jump up to 13% on colorectal cancer trial data
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Genmab shares jumped as much as 13% on Monday after the Danish biotech said its experimental drug petosemtamab, combined with chemotherapy, shrank tumours in 75% of previously untreated patients with advanced colorectal cancer in a mid-stage trial. Still…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishPositive mid-stage trial data push the shares of a notable biotech higher.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Experimental drug petosemtamab with chemotherapy shrank tumours in 75% of untreated patients.
- 02The response rate in second-line patients was 67%.
- 03The shares jumped as much as 13% on Monday.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets