Nuvalent Has Initiated Phase 2 Portion Of ALKOVE-1 Phase 1/2 Trial Of NVL-655 For ALK-positive Non-small Cell Lung Cancer And Other Solid Tumors, Following Alignment With FDA On Recommended Phase 2 Dose Of 150 Mg Once Daily
Portfolio Pulse from Benzinga Newsdesk
Nuvalent has begun the Phase 2 segment of its ALKOVE-1 Phase 1/2 trial for NVL-655, aimed at treating ALK-positive non-small cell lung cancer and other solid tumors, after agreeing with the FDA on a recommended Phase 2 dose of 150 mg once daily.
February 12, 2024 | 11:32 am
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Nuvalent's initiation of the Phase 2 trial for NVL-655 could signal progress in its pipeline, potentially boosting investor confidence.
The initiation of Phase 2 trials is a critical step in drug development, indicating that preliminary safety and efficacy data are promising. This progress can positively influence investor sentiment as it demonstrates advancement in Nuvalent's product pipeline. The alignment with FDA on the recommended dose further adds credibility to the trial's design and potential success.
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