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via seekingalpha.comBusiness & Companies

Pfizer posts late-stage trial win for myeloma drug Elrexfio in earlier line

FROM THE WIRE · SEEKINGALPHA.COM

[Pfizer Canada head office in Kirkland, Quebec, Canada.] JHVEPhoto/iStock Editorial via Getty Images Pfizer (PFE [https://seekingalpha.com/symbol/PFE]) on Tuesday announced a successful late-stage trial outcome for its multiple myeloma therapy, Elrexfio (elranatamab), when used…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA positive Phase 3 readout can support commercial prospects for a key Pfizer oncology drug.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The MagnetisMM-32 study met its primary endpoint of progression-free survival.
  2. 02The international trial enrolled 523 patients with relapsed or refractory myeloma.
  3. 03In the interim readout, a high proportion of patients remain progression-free.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Pfizer Inc.PFEStock29.79 USDMarket closedtoday -0.80%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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