Nektar And Collaborators Present Preclinical Data On NKTR-255 Combined With Obinutuzumab In Poster Presentation At The 65th ASH Annual Meeting
Portfolio Pulse from Benzinga Newsdesk
Nektar Therapeutics and collaborators presented preclinical data on NKTR-255, used in combination with obinutuzumab, at the 65th ASH Annual Meeting. The data showcased the potential of NKTR-255 to enhance the efficacy of obinutuzumab in treating hematologic malignancies.
December 11, 2023 | 11:02 pm
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Nektar Therapeutics' presentation of preclinical data on NKTR-255 in combination with obinutuzumab at the ASH Annual Meeting may positively influence investor perception and the company's stock value in the short term.
The presentation of positive preclinical data typically generates optimism among investors regarding the future potential of a drug, which can lead to an increase in stock price. However, as this is preclinical data, the actual impact on the stock may be moderate since there is still a significant amount of uncertainty and time before potential commercialization.
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RELEVANCE 80