Aptevo Therapeutics shares are trading higher after the company announced interim data from the dose escalation phase of its Phase 1 trial evaluating ALG.APV-527 for the treatment of solid tumors likely to express the tumor antigen 5T4.
Portfolio Pulse from Benzinga Newsdesk
Aptevo Therapeutics' stock is trading higher following the announcement of positive interim data from the Phase 1 trial of ALG.APV-527, aimed at treating solid tumors likely to express the tumor antigen 5T4.
March 07, 2024 | 5:26 pm
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Aptevo Therapeutics' shares are experiencing an uptick due to promising interim data from its Phase 1 trial of ALG.APV-527 for solid tumors.
The positive interim data from the Phase 1 trial of ALG.APV-527 suggests potential for the treatment's efficacy and safety in treating solid tumors. This development is likely to boost investor confidence in Aptevo Therapeutics, leading to a short-term increase in its stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100