The two most recent US initial public offerings by drug developers were launched by companies in the immuno-oncology field – Hutchison China MediTech Ltd. (Chi-Med) and Corvus Pharmaceuticals Inc. – showing that investors still are intrigued by cancer immunotherapies, although not at a high IPO price.
IPO Update: Investors Chase Modest Immuno-Oncology Offerings
The two most recent US initial public offerings by drug developers were launched by companies in the immuno-oncology field – Hutchison China MediTech Ltd. (Chi-Med) and Corvus Pharmaceuticals Inc. – showing that investors still are intrigued by cancer immunotherapies, although not at a high IPO price.
More from Anticancer
BeiGene’s Phase III ociperlimab joins the list of failed TIGIT inhibitors, as candidates from Roche, Merck & Co. and others have failed late-stage studies.
Investing heavily in antibody-drug conjugates, AbbVie is pioneering a dual STEAP1xPSMA-targeting approach in prostate cancer, as other candidates advance.
Strong sales growth for the German group’s SGLT2 inhibitor in 2024
A Phase III trial testing the cortisol modulator showed a benefit on PFS and OS in patients with platinum-resistant ovarian cancer.
More from Therapy Areas
Strong sales growth for the German group’s SGLT2 inhibitor in 2024
The study’s failure in the overall MDD population was not a surprise, but solriamfetol’s efficacy in MDD with EDS provided a rationale for testing it in that subpopulation.
After failing a Phase II monotherapy study in early Parkinson’s, Cerevance will focus on adjunctive therapy without abandoning the monotherapy concept.