Regeneron Immunotherapy Combo Comes up Short in Melanoma Trial
The regimen showed a 5.1-month median progression-free survival gain over Keytruda, but the difference was not statistically significant, analysts said.
8 Articles
8 Articles
Regeneron Opens Lower After Cancer Trial Setback
Regeneron shares dropped 11.8% in premarket trading Monday after its melanoma drug combo failed to meet the main goal in a late-stage trial. The high-dose fianlimab and cemiplimab combination showed a median progression-free survival of 11.5 months versus 6.4 months for Merck’s Keytruda, but missed statistical significance. Citi downgraded the stock and cut its price target to $700. Regeneron shares closed Friday at $698.25. The post Regeneron O…
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