Elicio Therapeutics To Present New Preliminary Data From The Ongoing AMPLIFY-7P Phase 1/2 Study Of ELI-002 7P In Patients With mKRAS-Driven Solid Tumors At The 2024 ASCO Annual Meeting
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Elicio Therapeutics, Inc. (NASDAQ:ELTX) announced it will present new preliminary data from its AMPLIFY-7P Phase 1/2 study of ELI-002 7P, a cancer vaccine candidate for mKRAS-driven solid tumors, at the 2024 ASCO Annual Meeting. The study focuses on the vaccine's safety and efficacy in patients with minimal residual disease-positive pancreatic and colorectal cancer. ELI-002 7P targets seven KRAS mutations, aiming to stimulate an immune response in 25% of all solid tumors.
April 25, 2024 | 12:41 pm
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Elicio Therapeutics is set to present preliminary data from the AMPLIFY-7P study of its cancer vaccine candidate, ELI-002 7P, at the 2024 ASCO meeting. This presentation could significantly impact investor perception and the stock price, especially if the data demonstrates strong efficacy and safety profiles.
The presentation of new data at a prestigious conference like ASCO can significantly influence investor sentiment, especially for a biotech firm like Elicio Therapeutics. Positive preliminary data from the AMPLIFY-7P study could validate the company's research approach and its product's market potential, likely leading to an increase in stock price in the short term. The focus on a cancer vaccine targeting a wide range of solid tumors enhances the potential market size and relevance of the findings.
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