Phase II NSCLC combination study to advance into second stage
Lighthouse | 26 June 2018
Trinity Delta view: The achievement of the pre-specified endpoint for stage 1 of the NSCLC trial marks an important milestone, confirming the potential of bemcentinib in immuno-oncology.
The results from all of the Phase II studies, which were published during ASCO, are still interim data, but there is a growing body of evidence that bemcentinib is extremely well tolerated and appears to have promising efficacy in various oncology indications when Axl is expressed by the tumour.
Our current valuation of BerGenBio is NOK2,880m ($339m) or NOK52.65 per share. More data from the various trials will be presented at medical conferences in the coming months, which could act as share price catalysts.
26 June 2018
|Market Cap (NOKm)||2,183|
BerGenBio is a clinical-stage, drug development company based in Bergen, Norway and Oxford, UK. It is developing innovative anti-cancer therapies that act on the promising Axl signalling pathway. The lead oncology compound, BGB324, is in a number of Phase II trials.
Mick Cooper PhD
+44 (0) 20 3637 5042
+44 (0) 20 3637 5043
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