Corbus Pharmaceuticals Updates Pipeline Progress for Cancer and Obesity Drugs
What happened
Corbus Pharmaceuticals CEO Yuval Cohen announced the launch of a Phase 3 TEMPO-1 study for its cancer drug CRB-701 in patients with oropharyngeal cancer who have received prior treatment. Cohen also provided updates on the mid-stage obesity study of CRB-913. In a maturing Phase 1 study, CRB-701 alone produced an objective response rate of about 43% in previously treated patients with oropharyngeal cancer.
From tickerreport.com
Why it matters
The advancement of CRB-701 into a Phase 3 registrational study, which targets Nectin-4, indicates progress toward potential accelerated approval for the antibody-drug conjugate. The company is also studying CRB-701 in cervical cancer.
From tickerreport.com
Who's involved
- Corbus PharmaceuticalsCompany running the clinical trials for CRB-701 and CRB-913
- Yuval CohenChief Executive Officer of Corbus Pharmaceuticals
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Pale Fire CapitalSpeculative
Pale Fire Capital might see changes in investment sentiment and portfolio risk due to competitive information regarding cancer treatments.
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The entities involved
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Corbus Pharmaceuticals
company in Norwood, United States
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Genmab
Danish healthcare company
Nothing else this week.