GSK Says Headline Data From A Planned Interim Efficacy Analysis Of The DREAMM-7 Head-to-head Phase 3 Trial Of Belantamab Mafodotin For Relapsed Or Refractory Multiple Myeloma Met Its Primary Endpoint Of Progression-free Survival
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GSK announced positive results from the DREAMM-7 Phase 3 trial of Belantamab Mafodotin for relapsed or refractory multiple myeloma, meeting its primary endpoint of progression-free survival. The treatment, combined with bortezomib and dexamethasone, showed a significant extension in time to disease progression or death compared to the standard of care, daratumumab with BorDex. Additionally, a notable overall survival trend was observed.
November 27, 2023 | 10:12 am
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GSK's positive interim efficacy results from the DREAMM-7 trial could boost investor confidence, potentially leading to a short-term uptick in GSK's stock price due to the successful primary endpoint achievement and the strong overall survival trend.
The announcement of successful trial results typically has a positive impact on a pharmaceutical company's stock price, as it not only demonstrates progress in their pipeline but also increases the likelihood of regulatory approval and future revenue from the new treatment.
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