GSK's Withdrawn Multiple Myeloma Drug Shows Encouraging Combination Therapy Data In Second Late-Stage Study
Portfolio Pulse from Vandana Singh
GSK plc announced positive results from the DREAMM-8 phase III trial for Blenrep in combination therapy for multiple myeloma, showing significant improvement in progression-free survival compared to standard care. This comes after the withdrawal process of Blenrep's U.S. marketing authorization initiated in November 2022 due to a failed confirmatory trial. The company plans to present detailed findings at a future medical congress and share them with regulatory authorities.
March 07, 2024 | 5:18 pm
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GSK plc announced encouraging results from the DREAMM-8 phase III trial for Blenrep, showing significant improvement in progression-free survival for multiple myeloma treatment. This news comes after a previous setback with Blenrep's U.S. marketing authorization withdrawal.
The positive results from the DREAMM-8 trial could potentially mitigate the negative impact of the previous withdrawal of Blenrep's U.S. marketing authorization. This news is likely to be viewed positively by investors, as it demonstrates GSK's commitment to advancing its pipeline and could lead to future regulatory success and revenue growth. The immediate positive reaction in stock price reflects investor optimism.
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