Allarity Hopes To Breathe New Life Into Ixempra In Breast Cancer

Stock Up By 87.9%

The US precision medicine company hopes its drug response predictor technology will enhance responses to the chemotherapy Ixempra on the basis of promising data from a handful of breast cancer patients in a Phase II trial, marking a positive turn in its journey to date.  

orange DNA helix graphic on navy blue background
DRP Uses Gene Expression Data From More Than 3,000 Tumors • Source: Shutterstock
Key Takeaways:
  • Of the four patients selected for treatment using the technology, two had partial responses.

  • Allarity announced a public offering of common stock worth around $11m.

  • The firm has two other novel drug candidates and companion diagnostics in the clinic.

Allarity Therapeutics A/S’s drug response predictor (DRP) technology when used with the chemotherapy Ixempra has shown early promise in a Phase II metastatic breast cancer trial, thrusting the company into

Ixempra (ixabepilone) – a small molecule inhibitor of microtubules – was first marketed by Bristol Myers Squibb Company following a 2007 US Food and Drug Administration approval in advanced breast cancer

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