Elevation Oncology To Present Preclinical Proof-Of-Concept Data For HER3-ADC Program At The American Association For Cancer Research Annual Meeting 2024
Portfolio Pulse from Benzinga Newsdesk
Elevation Oncology, Inc. (NASDAQ:ELEV) announced its plans to present preclinical proof-of-concept data for its HER3-targeting antibody-drug conjugate (ADC) program at the AACR Annual Meeting 2024. The data supports the ongoing development of the ADC program targeting HER3-expressing cancers, with the company on track to nominate a development candidate in 2024. The presentation aims to highlight the therapeutic potential of the HER3-ADC for treating a range of solid tumors associated with poor clinical outcomes.
March 05, 2024 | 9:52 pm
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Elevation Oncology plans to present promising preclinical data for its HER3-ADC program at AACR 2024, indicating progress in its oncology pipeline.
The announcement of presenting preclinical proof-of-concept data at a prestigious conference like AACR positively impacts Elevation Oncology's image in the oncology community and among investors. It demonstrates progress in their ADC program targeting HER3-expressing cancers, which could lead to significant advancements in cancer treatment. This news is likely to generate positive sentiment among investors, potentially leading to a short-term increase in ELEV's stock price.
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