Confidence In SpringWorks Grows With Expanded GSK Deal And Nirogacestat Plans

On Track For First Approval In 2023

SpringWorks is on course to bring nirogacestat to market by next year – and could play a pivotal role in making BCMA-targeting drugs a success.

Multiple Myeloma Awareness: Bone marrow aspirate cytology of multiple myeloma, a type of bone marrow cancer of malignant plasma cells, associated with bone pain, bone fractures and anemia.
SpringWork's lead drug is being studied in combination with no fewer than seven BCMA-targeting agents in multiple myeloma. • Source: Shutterstock

SpringWorks Therapeutics has seen its share price rise on news that GSK is expanding their partnership for its investigational anti-tumor product, nirogacestat, and taking a $75m direct stake in the company.

The NASDAQ-listed company saw its shares rise by 7% to nearly $28 on 8 September, reflecting growing confidence in the company spun out of Pfizer five years

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