ADC Therapeutics shares are trading higher. The company announced the completion of dose escalation in LOTIS-7, a Phase 1b open-label clinical trial evaluating ZYNLONTA in combination with glofitamab or mosunetuzumab in heavily pre-treated patients with relapsed/refractory B-cell non-Hodgkin lymphoma.
Portfolio Pulse from Benzinga Newsdesk
ADC Therapeutics' shares are trading higher following the announcement of the completion of dose escalation in the LOTIS-7 Phase 1b clinical trial. This trial evaluates ZYNLONTA in combination with glofitamab or mosunetuzumab for treating heavily pre-treated patients with relapsed/refractory B-cell non-Hodgkin lymphoma.
April 04, 2024 | 2:50 pm
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ADC Therapeutics' stock is experiencing an uptick due to positive developments in the LOTIS-7 clinical trial for ZYNLONTA, a potential treatment for B-cell non-Hodgkin lymphoma.
The completion of dose escalation in a clinical trial is a significant milestone, indicating progress in the development of a drug. For ADC Therapeutics, this development suggests that ZYNLONTA, in combination with other drugs, could be moving closer to wider application and potential approval. This progress is likely to be viewed positively by investors, as it enhances the company's prospects in the competitive biotech industry, particularly in the treatment of B-cell non-Hodgkin lymphoma.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100