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Relay Therapeutics Hopes ‘Safety First’ Approach Will Pay Off For Targeted Breast Cancer Drug

Share Price Tanks After Virtually No Response To Therapy

 
• By Andrew McConaghie

Investors have deserted Relay after RLY-2608 failed to produce any clear response in breast cancer patients, but it maintains underlying data represent proof-of-concept for a more targeted and less toxic competitor to Novartis's Piqray.  

Orlando convention center
Relay Therapeutics presented its data at the AACR congress in Orlando, Florida. • Source: Shutterstock

Relay Therapeutics has seen its share price plunge after early Phase I results from breast cancer candidate, RLY-2608, showed barely any benefits to patients.

The Cambridge, MA-based company specializes in producing more targeted and less toxic versions of existing small-molecule drug classes, and is undeterred by the early result, believing that

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• By Andrew McConaghie

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